That's how I read it Tangs. A lot more ounces that will constitute base load in the years to come, but...
Just an example of how any major cuttback will require a lot of ore to be moved before they get to the higher grade core.
Lone pine and Theakstons are at best neutral cost.
The good part overall, is it gives RMS optionality, if POG stays high, they can likely justify a large cuttback, otherwise, they finish the current plan, then go U/G (though a lot less ounces).
Shame about POGs turbulent moves, but... RMS still going to have an amazing quarter.
I wonder if they will up the dividend? Has a duel benefit of supporting the share price, before any corporate action.
Ann: Eridanus Mineral Resource up 64% to 1.2Moz, page-17
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