Ann: RIU Explorers conference presentation, page-7

Well played to MZ and the team.
RMS has runs on the board with production and cash generation, now... it's time to play the 'exploration' hand RMS have to try and further bolster their position before making a tilt at SPR. Though... funnily enough, RMS has not been very active with its exploration, other than at Eridanus. 'Suddenly', it's all guns blazing at all of it's assets... my skepticism is strong, particularly regarding Penny, if they are so confident, why wait so many years to test if Penny repeats? They have been talking about it for years, just look at all the quarterly's.

RMS finding more ways to include SPR tenements/assets in their presentations... Since Sept 2024, RMS has carefully included SPR in their maps....
Subliminally getting RMS shareholders used to the idea Plus, they have kept updating the MRE at Dalgaranga.... I respect that, best to be accurate with figures.



Surely it's a stretch to get excited about Bombora 'production target'. Which itself is a bit of a misnomer.



I guess in the end I am happy for RMS to finally start firing up the drill bits across the assets they have, but... why did they take the foot of the gas over the past 18 months?

I wait with baited breath for the eventual Eridanus reserves and plant upgrade study to be released...