RMS 2.10% $1.87 ramelius resources limited

GP+ the cutback (?), page-6

  1. 38,609 Posts.
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    Kt ....I agree with you that the gold stocks are yet to fully reflect GP rise ....although RMS maybe doing a bit better than most in that regard perhaps largely due to Penny ore .
    But just to mitigate a little ......the costs for goldies have gone up so the GP needed to go up to maintain margin .

    Something else in the background perhaps worth mentioning .....we are seeing weakness here in WA in Nickel and Lithium and some jobs lost there so perhaps takes some employment pressure off and makes it easier for gold miners .
 
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