RMS 3.52% $2.06 ramelius resources limited

That's how I read it Tangs. A lot more ounces that will...

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  1. 12,145 Posts.
    lightbulb Created with Sketch. 6954
    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.

    https://hotcopper.com.au/data/attachments/6168/6168124-0be984f6c286155337dac4326b59a2f6.jpg

    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.
 
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Last
$2.06
Change
0.070(3.52%)
Mkt cap ! $2.379B
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$2.05 $2.08 $2.03 $10.30M 5.005M

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7 127276 $2.05
 

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$2.06 113705 5
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Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
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