Not to mention the 80 million spent thus far for Bombora which de risk any future T/O. Plus the first ounces from a shallow open pit could be very profitable in the current gold price. Yes to RMS but a much better offer required. If we stand firm on a better deal current gold price of AUD $ 2,992.38. RMS will have to offer more otherwise the Rebecca project is a dead duck. Maybe RMS had planed for a low ball offer all along hoping to snap up BRB after it took over Rebeca project?
BRB Price at posting:
42.0¢ Sentiment: Hold Disclosure: Held