Triage you could be right about that. And the fact of the gold price tracking towards $2000aud, that could also trigger a lot of scenarios which were not possible when pog was $300 less. So i would say it is even possible that they need the extra time. ( ie weekend as well). Mark could lock in ounces at a higher price as well. there probably is a pivotal gold price which would have to be reached to make one option better than the other. i am more and more a believer that Monday couldbe a huge day. even @ avg gold price of $1850aud and a 200k production profile ( which is well below 230-250k) rms would be making $120 million per annum. i would take that. @150k production per annum=$90 million. but lets go with their 240k production profile which they are planning, $144million profit at asic $1250. i think Mark would be doing cartwheels across WA. Bring on Monday.
RMS Price at posting:
87.0¢ Sentiment: Buy Disclosure: Held
(20min delay)