Maybe I am missing something here but using Neil's figures from above we can process 4.5Mg a year with the current plant which is much more than the 2.4M you say justifies current price........
Plant processes 15000t/month
Average grade of 25g/t recovery
= 15000 x 12 x 25g = 4.5Mg per year
So going by your theory RMS should be valued at a lot more than the current price.
Maybe I am missing something here but using Neil's figures from...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $2.347B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.11 | $2.04 | $6.948M | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12337 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |