You are of course right about Tampia if things had gone differently, though I am trying to assess it on the merits for what they got in the initial purchase. RMS basically had to buy Tampia, otherwise Edna May would be going hungry right now. I have no doubt that the RMS Geo team are very disappointed with the lack of further success at the Tampia assets, though I suppose it could still go a lot deeper (but... from memory the deeper drilling results have not got much attention, which makes me think, future U/G potential is low). As usual, you are also correct in regards to the external factors now plaguing the W.A mining industry. High fuel prices very much hurt the hub and spoke mining model, though, because RMS has focused on high grade satellite deposits, the increases are still manageable. If RMS was as brash etc with the locals, that is on MZ, no doubt about that.
Good luck to all holders.
RMS Price at posting:
92.5¢ Sentiment: Hold Disclosure: Held
(20min delay)