Ann: September 2016 Quarterly Activities Report-RMS.AX, page-4

Throw away your Playboys gentlemen - who needs pornography with a quarterly like this to read.

ASIC in the low $900's - I'll go back and check but this is one of the lowest, if not the lowest on the ASX for the quarter. With margins like this RMS hasn't got to worry about gold crashing anytime soon - they will be one of the last one standings.

It also shows up those companies with much longer mine lives but also much higher costs - RMS margins are twice as high as most other mid-caps - if I had a choice of making $100 over 10 years or $100 over 4 years I know which one I would prefer - the sooner the money is banked the less risk and greater opportunity to exploit any opportunities the market may throw up.

More bonanza grades - I think its great that its at Morning Star - remember that originally had a resource of over 1 million ounces when RMS purchased the mine from Harmony - if they can prove up more gold on top of what's already been discovered then it bodes well for bringing a lot more resources onto their books.

If I have a compliant its the fact they buried the bonanza discovery in the quarterly and didn't release this as a separate announcement.

Finally - the management of this company is exceptional - Mark and the team are seriously knocking on NST's door as being the best in the business. Well done on a great quarter.

GLTA/IMHO