RMS 0.49% $2.02 ramelius resources limited

Ann: Resources and Reserves Statement 2022, page-35

  1. 2,292 Posts.
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    If they can get Rebecca/duchess/duke to around 1.6Moz with 1.2Moz of it in Measured & Indicated that should be enough to make a FID to proceed to mine.

    Should be enough to deliver 1Moz in ore reserves.

    Mill capacity at Edna May would be about the right size to move to Rebecca and pump out 100koz p.a.. Enough for a standalone operation.

    I think AUC is a better buy then BRB. Especially if they can pick up AUC for abit more then what paid for AOP.
 
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