RMS 2.30% $1.92 ramelius resources limited

well true .....but what the company predicted wasn't the reserve...

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    well true .....but what the company predicted wasn't the reserve RMS estimated ....now you can choose who to believe but seems to me the original was exagerated and when you looked at the paramaters , block size etc they were quite different to what RMS used .....and RMS had no incentive to leave anything behind that was economic

    I believe from memory the resource (not reserve) left now is 69,000 oz .....some of that , maybe even all could've been used if a mill was built but that is the upper limmit of what ore was "wasted" ......but there was never NEAR enough ore for a standalone op .....not even near half enough .

    explorers spin these stories .....developers are more realistic
    if someone wants that bit of dirt they will get it cheap ...or who knows , if the GP goes up enough maybe RMS could look at a cutback (???)
 
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