Based on their last few acquisitions, it's quite obvious that RMS want simple, low capex OP projects even if they have shorter minelife. Musgrave's CUE project and Youanmi are completely different in most aspects including mineralisation, depth, financials or size.
MGV have a 5 year 95% IRR (!), 350m NPV OP project. Not quite sure why you're throwing the mud at them mate, these are very solid numbers and they are also located closer to one RMS' Mt Magnet hub. CUE project's mineralisation is bulky, largely continous and has decent grade close to surface unlike RXL's high grade, but deep and narrow veins. Youanmi offers substantially lower return (45% IRR as per the scoping study) and a lot more complex mineralisation with a large UG component. In other words, it is a riskier project.
RXL need to prove to existing producers and institutional investors that it's worth the risk and potentially larger capex underpinned by a mega (5-6m oz) deposit. Now that Westgold seem to lose the battle for CUE, they may start looking around towards other deposits including Youanmi too. I'd say It's too early to dream about an acquisition as the project is not there yet.
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