RMS 3.57% $2.03 ramelius resources limited

Marda...coming soon?, page-106

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    given the time and cost of a plant relocation,
    the uncertain costs of more truck movements -when compared with the Vivien to Mt Magnet operation (which utilises 3 trailers),
    and ,most importantly , the fact that in test work on Marda ore gravity recovery accounted for 60% of the gold extraction
    I'm expecting that the processing of higher grade Marda ore using a mobile crushing plant - on site- and a gravity concentrator will be examined by Ramelius .
    The investment - at Marda- in the [ mobile] crushing, screening and concentrator equipment could also be utilised ( if similar 60%+ gravity recovery is established) to conduct - later- a similar treatment of the Tampia Mace material.
    I'm not now a believer in the trucking option for either Tampia or Marda ...especially when gold can be sold forward into 2020 at $1800+ and with those contracts in hand provide the security to lenders to substantially debt fund on-site treatment plants at Tampia and Marda.
 
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