RMS 6.54% $2.28 ramelius resources limited

capital raising ?, page-142

  1. 1,152 Posts.
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    Looks alright to me. The presentation even states 'early production from toll treating if commercial options present'.

    Only thing is it looks like they still need to develop/or re-work the declines for access to both the underground and open pit. Also looks like the mining studies/approvals are yet to be finalised so not sure what timeline they could get it going in.

    Certainly some higher grade feed into the Mt.Magnet plant could be a goer and bring some upside.

    Gives an indication of the sort of opportunities that could present to RMS given the strategic asset they have there with the mill. The murchison area looks like its heating up on a higher gold price.

    I'll leave it to the professionals at RMS to decide what they're going to do.

    Cheers
 
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