I don't think RMS will convert Wattle Dam to reserves as it is narrow vein quartz hosted mineralization which is notoriously difficult to prove as reserve.
I don't mind.
Proving it to reserves would also cost considerable $$ and I think RMS's money is much better conserved for other things.
Proving reserves can also attract predators.
RMS is a cashed up, producing well managed company with highly prospective tenements.
Wattle Dam is Australia's highest grade gold mine.
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Last
$2.34 |
Change
-0.130(5.26%) |
Mkt cap ! $2.712B | |||
| Open | High | Low | Value | Volume |
| $2.39 | $2.39 | $2.28 | $30.96M | 13.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 219 | $2.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 125869 | 3 |
View Market Depth
| Last trade - 16.11pm 09/07/2025 (20 minute delay) ? |
| RMS (ASX) Chart |