RMS 0.27% $1.85 ramelius resources limited

Great report.Huge cash generation.Low AISC.RMS never sits still,...

  1. 11,847 Posts.
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    Great report.
    Huge cash generation.
    Low AISC.
    RMS never sits still, which makes me think, they need another project rolleyes.png
    Sure, they have Penny West, but... its nothing new for them, just another Vivien.

    https://hotcopper.com.au/data/attachments/2595/2595894-b72e0277d3cb69c256b3720e48bc9f9f.jpg

    Marda is sitting pretty, with 6 months of ore ready to go. Sunken production costs, nothing unusual for RMS, just great forward planning.

    Eridanus seems to be getting better, but... RMS is not 100% sure which way to go. A good problem to have.

    https://hotcopper.com.au/data/attachments/2595/2595916-54b797b49a8f4043a268a234ab413c65.jpg

    But... then what do you do, if Eridanus has to get a lot bigger.....

    https://hotcopper.com.au/data/attachments/2595/2595921-9f8f68c320276dcb3f8d03b54b102a75.jpg
    https://hotcopper.com.au/data/attachments/2595/2595923-671a726a5dd23fa221d0d43778fc78b7.jpg
    Optimized pit shell... (total guess of course).

    I am honestly just ignoring the SP right now.
    The market is preferring to ignore the one sector that is actually generating huge cashflows.
 
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