RMS can't normally be bothered pumping out an announcement like...

RMS can't normally be bothered pumping out an announcement like this (most stuff goes in the quarterly) so at least they're recognising the bleeding share price.

Had a look at RMS and got some good news and some bad news.

Bad news is AISC and cap ex costs are going to be much higher first half. Vivien drops off after the FH and is essentially replaced by Penny which is lower cost. Cap Ex is a whopping $51m FH vs $7m SH.

Rest of the year I expect that we'll be dogged by inflation, high costs, bear market and terrible sentiment.

Good news is every quarter the hedging volumes drop and the hedged price increases so a boost on two fronts there if AUD gold remain the same. AISC lower, gold price received higher and lower Cap Ex SH. Should be a good opportunity to pump out cash.

Also I anticipate that at some stage the inflationary pressures, bear market (normally last around a year - looking if there's a recession as well) will end. Doesn't look like this half, but probable in 2023?

So likely share prices drops as the chart is terrible as is sentiment especially so if we bleed cash in this quarter and the next. Not saying we will, but costs and expenses certainly a lot higher. Eventually though with very bright prospects in 2023 we might be able to pick up an absolute bargain?