RMS 3.01% $1.94 ramelius resources limited

Ann: Response to ASX Price Query , page-8

  1. 963 Posts.
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    Bell Potter put out value of 71 cents in 12 monthsand put JORC resource as maybe 120,000 ounces in light of grade from first pour. Said they wanted to see grade from whole 13,000 tonnes . Well they seem to be getting it. Note last day was at 44 gram/Tonne estimate and then of course a bit more always caught up in hte plant.
    So what now? Still think a finality to Dioro and then analysts will have an easy company to analyse.Buthey, those grades are hard to beat.

    Suspect the company is selling on a PE of 1X
 
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