RMS 0.51% $1.99 ramelius resources limited

Ann: Ramelius H1 FY2019 Results, page-68

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  1. 12,263 Posts.
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    "a poster i generally usually agree with says RMS performance is rubbish"

    I'm not saying RMS's performance is rubbish, the company's own report says it's rubbish.

    Ore milled has increased by 47% but profit is down 65%. I'm not saying it, the report is!!! but shareholder bias prevents people from agreeing with me. Plus average grade has fallen 25% to 1.4 g/t.

    Of course you are all geniuses because the gold price is up $200, well done.

    You can't compare RMS to RSG, they are apples and oranges. When RSG bed down their operations they will be mining the same deposit (one individual deposit) for more than 14 years. RMS will never own a deposit of this significance, they are just not common and can't be found in Australia anymore. Esh
 
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