RMS 0.49% $2.05 ramelius resources limited

Ann: Ramelius makes strategic investment in Spartan Resources, page-43

  1. 19 Posts.
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    RMS has been on the hunt for high grade for a while (Vivian, Penny, Cue, now Spartan), because Magnet has almost endless supply of marginal but reliable low grade. Havent touched the Morning Star cutback yet, Eridanus is their best predominantly low grade but just keeps expanding, and there are other marginal resources of low grade previously reported that will go on for years with the current gold price and the addition of any high grade mix which then pushes them over the line.
 
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