RMS 1.90% $2.14 ramelius resources limited

Based on the improving grades from the Eridanus UG drilling, the...

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  1. 3,183 Posts.
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    Based on the improving grades from the Eridanus UG drilling, the quality of the Cue resource and the rising gold price I think that Eridanus PFS (1) will expedite a decision to expand the Mt Magnet mill as highlighted below (2) in the most recent ASX presentation.

    While RMS has a proven record of acquiring smaller operations, I feel more than ever that RMS wants to find that allusive 3rd hub soon. As the company has a lot of untapped upside within it's existing portfolio so RMS in itself is a TO target right now from a bigger shark.
    https://hotcopper.com.au/data/attachments/6075/6075764-4c3c2e8811bd65d99ea398e11527288c.jpg
 
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