RMS 1.90% $2.14 ramelius resources limited

Mining News report, page-68

  1. 12,006 Posts.
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    Hi Tangs,
    I guess I was just trying to say, that RMS basically bought Edna May, and repeated all the steps that they did with Mt Magnet.
    As you explained, satellites, higher grade, etc.
    My first thought is that they would try to replicate this a 3rd time. 3 hubs, multiple satellites etc.
    Though of course, I can see the logic in say, acquiring an asset that does not need further bolt ons.... but then, I cannot think of many left to aquire.
    I agree with you, he wants more production, via an existing operation, not just another satellite.
 
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