RMS 1.38% $2.20 ramelius resources limited

Agree that there are many factors such as strip ratio but grade...

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  1. 10,075 Posts.
    lightbulb Created with Sketch. 4852
    Agree that there are many factors such as strip ratio but grade is still king
    RMS
    Measured 1.6 g/t
    Indicated 1.5 g/t

    https://hotcopper.com.au/data/attachments/4686/4686225-770167699fcdab9358078a14635abe53.jpg

    As the AISC margin declines the RMS SP has become very sensitive to the POG

    https://hotcopper.com.au/data/attachments/4686/4686230-d4d881978c2df1ed7227b534a6c231d8.jpg
    https://hotcopper.com.au/data/attachments/4686/4686231-f9536bdcbd010cf85b11ce7cfd304b8a.jpg

 
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