RMS 6.54% $2.28 ramelius resources limited

Ann: December 2019 Quarterly Activities Report, page-2

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    47,902 at an AISC of $1245 for the quarter.

    Next quarter 50-55K at an estimated AISC of $1300-$1400.

    Forward gold sales as at 31/12 covering the period to May 2022 was 239,150 ounces at $1943. Slightly less than half hedged.

    Production targets at 205-225k for the year.

    Given that 92 produced for the first half, ramp up in second half of the year to be between 113 -132K with the bulk coming in the June quarter.

    Overall not a bad quarterly, but not great.
    Last edited by ktrianta: 30/01/20
 
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