It goes without saying that its baked into the AISC, as in the amount that RMS spends on fuel contributes to the AISC.
But if the fuel spend goes up a lot then so does the AISC & RMS spends a lot, due to their bulk haulage model, on fuel.
So just how sensitive is RMS to oil price increases? If oil goes up by 50% to $150/barrel then how much does the gold price need to rise just to make the same profit? Imo this uncertainty is a drag, among other things, on the SP.
It goes without saying that its baked into the AISC, as in the...
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Last
$2.19 |
Change
0.020(0.92%) |
Mkt cap ! $2.502B | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.20 | $2.15 | $1.445M | 664.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 59605 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.19 | 42656 | 24 |
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| Last trade - 11.35am 18/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |