▪ Mining contractor pricing significantly higher than January 2021 Scoping Study (“SS”)
due to well documented industry cost inflationary environment
▪ Higher estimated operating costs increased the cut-off grade which resulted in a smaller
overall pit (PFS 292k ounces vs SS 434k ounces)
▪ PFS AISC of A$1,977/oz vs SS of A$1,540/oz (up 28%)
▪ PFS Upfront Capital of A$220M vs SS A$165M (up 33%)
▪ PFS base gold price of A$2,600/oz vs SS A$2,300/oz (up 13%
Gold price now up $1000 on the base case scenario. Is it possible that costs have been shored up as inflation has fallen? But considering we are in a gold bull market I assume most of us are anticipating higher prices so what if the GP hits $4k or $5k AUD?
Not a fan of RMS and their hedging but this would be the project to hedge on. Hopefully EM u/g continues and are there any satellite pits RMS could purchase for a bit of grade sugar hit (I'm assuming no as they would have done so by now)?
- Forums
- ASX - By Stock
- Ann: Edna May Stage 3 PFS Update
▪ Mining contractor pricing significantly higher than January...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMS (ASX) to my watchlist
|
|||||
Last
$2.22 |
Change
0.020(0.91%) |
Mkt cap ! $2.544B |
Open | High | Low | Value | Volume |
$2.20 | $2.23 | $2.20 | $10.65M | 4.811M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 272418 | $2.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.22 | 233080 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 2.200 |
2 | 10689 | 2.190 |
3 | 23449 | 2.180 |
2 | 13909 | 2.170 |
1 | 10009 | 2.160 |
Price($) | Vol. | No. |
---|---|---|
2.230 | 65771 | 6 |
2.240 | 49890 | 8 |
2.250 | 206220 | 19 |
2.260 | 20009 | 2 |
2.270 | 40380 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online