Have to agree gter8009.
The numbers are close to mine, especially happy that the cut off price of $1400 AUD. Lots of room to move if the POG stays strong and will undoubtedly allow for further movement of resources into reserves. Above all RMS will easily prove up enough reserves to push the mine life out past 4+ years. Especially once they start infill drilling Vivien U/G.
It will be interesting to see if they hedge a bit more gold (I would prefer it, if only to ensure that the Mt Magnet gold is fully cash flow positive for the next 2-3 years).
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Have to agree gter8009. The numbers are close to mine,...
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