RMS 0.77% $1.97 ramelius resources limited

Pretty good buy I think given the Tampia gold deposit DFS was...

  1. 624 Posts.
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    Pretty good buy I think given the Tampia gold deposit DFS was modeled using a $1650 gold price and a $0.75 exchange rate, the numbers would look a lot better using the current figures, also minus the initial capital outlay incorporated into the study which will now be dramatically reduced with the added synergy of using the existing plant.

    A lot of upside with the AUD likely to fall further as the RBA attempt to save the housing market by cutting rates next year which is almost looking like a certainty now.

 
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