RMS 0.26% $1.96 ramelius resources limited

edna may sept production, page-28

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    Thanks eshmun. I haven’t done a deep dive in these numbers for a while. The March quarter forecast all in costs are a bit of a question as they are expecting same cost per ounce despite the increased stripping relative to December quarter. There is a slight mill grade improvement but don’t know if that would be enough to offset the extra waste movement.

    I’m still a bit sceptical of the $100M cash forecast by June even with the massively reduced capex. The next two quarters will reveal a lot to me about the real cash generation ability of RMS.
 
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