Not bitterness just facts.
-RMS 60 cents 6 months ago.
-Terrible price RMS receiving for gold due to poor hedging
-Edna May virtually no mine left and not/barely profitable
-All the producing mines at RMS are producing the same as one mine ie Sunrise Dam ( 240,000 oz approx per year)
-RMS a Very high price to produce gold, similar to Sunrise Dam which is 25 years old.
Now anyone who has worked on a 20 plus year old mine knows that they cost $$$ to operate and it seems that some of RMS mines cost more to produce gold than many others
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- Ann: RMS: Breaker Resources NL Takeover Update
Ann: RMS: Breaker Resources NL Takeover Update, page-36
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