RMS 0.51% $1.96 ramelius resources limited

well there it is they have secured their growth option, how...

  1. 7,117 Posts.
    well there it is they have secured their growth option, how funny it was only a few days ago that I was thinking RMS really need to secure a growth option for their future and they look like they've picked up a real bargain

    $40m for a 3.3M oz Gold Resource (51Mt's @ 2g/tAu)
    With a mineable reserve of 474k oz Gold (8.8Mt's @1.7 g/t)

    a 1.7Mtpa mill with all the other infrastructure


    I think they have gotten a cracker deal here

    Well done to management


    Now they can look at other options for Kalgoorlie
 
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