Ann: New Exceptional Drilling Results at Link Prospect, page-39

Youanmi would shore up RMS’s mine plan from 2025 to 2030 so would turn RMS into a company with genuine claims to owning long term assets. I kind of look upon it to be like buying a house next door on a corner block- the house itself may not be worth a premium but block A +B combined could be worth 50% more than the sum of the individual parts to a developer. Youanmi is positioned very conveniently for RMS to exploit and the cost now would not be prohibitive.

Youanmi is still a very valuable resource for any producer sitting on a large cash balance (eg SLR) to look at but the operational synergies of the asset for RMS are undeniable. The safety of having a production plan that goes out for many years would be quite appealing in my opinion.