RMS 0.77% $1.97 ramelius resources limited

Ann: June 2023 Quarterly Report, FY24 Guidance and FY23, page-9

  1. 467 Posts.
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    Good Report.
    Very pleasing with the prospect of commercial orebody between penny north and penny west. The sugar hit begins.
    With Edna May, no clear pathway unfortunately and we'll muddle through. I'd speculate Stage 3 will keep on being deferred, and why not as there will be some disproportionate risks with developing that project. Although being a hungry mill, I'm confident RMS will pick up sattelite deposits as needed. Mothballing the plant is not an option, rather keep some momentum out there in some way shape or form.
 
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