RMS 3.09% $1.88 ramelius resources limited

joe houldsworth sells some stock, page-12

  1. 945 Posts.
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    good point Jockus...677,000 tonnes so far and good indications ahead....First ore going 30 grammes per tonne as announced last week....
    why not do a silly exercise and average out the JORC resource grade from cut results and the grade they are recovering?

    30g +5.5g equals 35.5 g /2 =17.8g per tonne or about half an ounce...
    gives me near enough to 350,000 ounces of reserves and i am betting that it comes in far better...This JORC is nonsense so lets see how the ore body measures up when it starts up next month but yes it was worth going back to see the official statement which is probably what broking houses are working on...might just go grab a few more!
 
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