RMS 6.54% $2.28 ramelius resources limited

RMS has never let me down with a polished company presentation....

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    RMS has never let me down with a polished company presentation. Whilst I know its the mining that counts the most, I prefer a company to do everything well, not just the core.

    This is what initially caught my eye.

    https://hotcopper.com.au/data/attachments/2919/2919132-6c1db884753df7ed2bc860bbb74feddb.jpg

    So Tampia is looking good, now that everything is bedded down.

    Vivien, could go even further, which is quite remarkable, considering last year, the drilling seems to imply, it was ending.

    Penny - I assume this only related to the open pit (but... I suppose, somewhat earlier U/G ore... compared to the current plan).

    Then we have Orion/Franks tower. A solid tip of the hat, that RMS is going to be re-entering both open pits, which I can only assume is to support a second portal to Eridanus U/G... (which would not be in the recent mine plan either).

    https://hotcopper.com.au/data/attachments/2919/2919146-a5abdace4d0727ddcd5a6db42e5923d2.jpg

    Anyway, whilst the SP suffers, management are clearly focused on the number 1 priority, running the business well, for the long term....

    https://hotcopper.com.au/data/attachments/2919/2919155-50bda287b10e40c982a62e95616dc052.jpg

    Yes, RMS is clearly on the look out for an acquisition.
    I think they have enough bolt on's for their current operations, so for me... a third production center makes the most sense, but hey, I am just a humblish speculator.
 
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