RMS 1.78% $2.00 ramelius resources limited

Ann: March 2021 Quarterly Report Guidance Eridanus Orion update, page-16

  1. 1,235 Posts.
    lightbulb Created with Sketch. 346
    I agree; Eridanus/Frank resource doubling, to 1 million ounces, is huge even if anticipated. Combined with additional stage to Edna May pit, there's base feed for 7-10 years.

    Tampia & Penny slightly ahead of schedule, with most of the capex spend already done. Cash flow will increase, Ramelius's AISC will drop significantly, and production will increase.

    Vivien STILL finding more good ore; same with Shannon and Hill 60.

    Honestly love to hear any negatives from the quarterly, or anything else going on relevant to Ramelius - I personally don't see anything. Gold price reacting to rebound in 10-year US treasuries is maybe driving a decline in RMS share price; but with US spot gold staying above 1750 US and consolidating there, hard to get concerned. I'm kicking back to enjoy watching next 8 quarters unfold.


    Last edited by PulpCutter: 28/04/21
 
watchlist Created with Sketch. Add RMS (ASX) to my watchlist
(20min delay)
Last
$2.00
Change
0.035(1.78%)
Mkt cap ! $2.287B
Open High Low Value Volume
$1.98 $2.01 $1.96 $4.472M 2.252M

Buyers (Bids)

No. Vol. Price($)
5 72791 $2.00
 

Sellers (Offers)

Price($) Vol. No.
$2.01 2488 1
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
RMS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.