RMS 1.02% $1.94 ramelius resources limited

Ann: RIU Explorers Conference presentation, page-18

  1. 11,833 Posts.
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    Hey T,
    Basically, I give it a good chance of justifying an open pit, but.... as it seems to be closing off at depth, nothing more (though open pit is fine, as Mt Magnet is always hungry for base load ore. Eyeballing it, the depth could easily justify a 250m+ deep pit. Though we don't really have a lot to go on with just 1 slide (I can only imagine the RMS Geo's having a chuckle at my post, as I am likely way off).
    Hopefully the 3 holes that have not had their Essay's returned, find some good hits, and then we may well get an update with more detail/color.
    The last sentence does slightly reduce me overall expecations, as it sort of implies, that the greater excitement, is the unknown, compared to Bartus currently.

    https://hotcopper.com.au/data/attachments/4088/4088992-f64a601fd943318847469a725ce408bf.jpg

    Not the market will care tomorrow, as the POG has retreated a fair bit, so....
 
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