RMS 1.86% $2.11 ramelius resources limited

Was thinking about their terminology ..."baseline reserves"...

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    Was thinking about their terminology ..."baseline reserves" ....for Tampia and Marda on top of what they said earlier ...".realistic resource modelling and deliverable reserve estimates. "
    They are making a virtue out of being cautious and making sure people notice that .
    And credit to them for careful wording at least although some of their reserves are modelled on $1650 GP which does seem a bit in need of updating as , (was it ?) Rosencrantz mentioned some time back .
    Baseline reserves give the picture of a starting rather than ending point which is good phsycology but is also just realistic and could as easily been applied to EM underground also .
 
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