RMS 1.89% $2.16 ramelius resources limited

Ann: Edna May Stage 3 PFS Update, page-9

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  1. 42,485 Posts.
    lightbulb Created with Sketch. 509
    disappointing although not totally unexpected

    the comment you made ..."IMHO, if the price of oil/diesel stay high, Stage 3 is dead."
    assumes a current GP

    Likely I would think that OP does stay pretty high but what is posible is a significantly higher GP that increases the margin enough that cut off can be reduced and a greater portion of the ore can be mined .
    I say "possible" but of course not predicting , just that this is the scenario IMO needed for stage 3 to come to life .


 
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