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.
If you look carefully you will see that of the 10,500 ounces in...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |