RMS 1.30% $2.27 ramelius resources limited

Gold up nearly 1%, page-43

  1. 21,802 Posts.
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    I agree.
    most of the time hitting guidance.
    but they are entering a new phase. So things can be a bit unpredictable.
    from where i sit, and i mentioned it before.
    They can really control EM so that they put through what they want .
    eg more underground higher grade, more low grade stockpile or more of each or less of each.
    so as long as mount magnet is performing then EM can run slower. If not they can increase EM production.
    Depends on how much they want to beat guidance and /or how much they want to make sure next couple of qrts are good.
    there is a fair bit of uncertainty down the track.
    so if they beat guidance, it will be by a small amount in my opinion.
    lets see what comes out tomorrow.

 
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