RMS 2.00% $1.96 ramelius resources limited

Ann: Record FY24 production of 293koz, page-63

  1. 33,585 Posts.
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    "Ps doesn't anyone know if there are any viable deposits within trucking distance of the Edna May plant?"

    About 100 to 150Km East of Edna there are several deposits , can not remember the names of them , does not really interest me to much now as only have a small RMS holding now , but apart from "trucking " maybe there is a possibility to use rail for part of the haulage ?

    However I am sure RMS have looked at all options given they bought it out with that as their rational for increasing the NPV over time of the Edna May plant which Evolution was unprepared to do.
    Pretty much comes down to the law of diminishing returns or pick the low hanging fruit first which they have already done .
 
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