RMS 6.54% $2.28 ramelius resources limited

You are not alone there Tangs. According to WSR : "BACKGROUNDThe...

  1. 21 Posts.
    You are not alone there Tangs.
    According to WSR :
    "BACKGROUND
    The Mt Finnerty and Parker Dome Projects (Figure 3) are subject to a Farm-in and Joint Venture Agreement between Ramelius Resources Ltd and Rouge Resources (a 100% owned subsidiary of Westar Resources Ltd) dated 30 August 2019. Under the terms of the agreement Ramelius may earn up to a 75% interest by spending $2,000,000 over a three-year period. A full summary of the agreement is set out in section 10.1(a) of the company’s IPO Prospectus. (See WSR ASX Announcement, 6 December 2020, “Prospectus”)."

    All the best
    Rusty
 
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