Plough, I haven't visited their office so I don't know about beautiful secretaries... but maybe they should visit me - there's probably a fair chance they could con me into buying some RMS at $2. (Given that I am here posting this message on a Saturday night - very sad!). Anyway - this is a low key explorer/producer and I don't think you need to call ASIC just because they haven't bothered with any roadshows. The product sells itself, I would have thought, the advertising is there for all to see, is it not?
A couple of questions (ttcelica seems pretty knowledgeable)... Would they have to go underground given the higher grades are 150m down? I know there is an existing pit above - but I would assume that would have to be considerably widened and deepened if they were to go that deep with that?
Also what would be the mine life? A question a bit hard to answer at this stage... I guess.
Remember only 2 holes out of seven hit good grades. One of those was nowhere near - to the south. So 2/6. Possibly quite localized (and as someone has mentioned on another thread - 'nuggety').
So although fantastic grades - how much?
All these questions and more to be answered... watch this space.
DYOR..
Plough, I haven't visited their office so I don't know about...
-
- There are more pages in this discussion • 1 more message 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
$2.33 |
Change
-0.060(2.51%) |
Mkt cap ! $2.691B | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.36 | $2.29 | $6.540M | 2.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 163521 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 67017 | 5 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |