RMS 4.15% $2.08 ramelius resources limited

Ann: Company Update , page-5

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    If you look carefully you will see that of the 10,500 ounces in the quarter so far almost 5,000 ounces were poured in the first 2 weeks of May, at that rate at $1,400 per ounce there will be $14 million worth of gold poured in May. I understand there was a problem at the mill in April so not so much high grade ore was processed. May's production alone has the potential to pay the total 5 cents Capital repayment to shareholders and that means by August /September when the payment will actually be made there could well be $90-100 million still in the bank and maybe more.
 
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