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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RMS
ramelius resources limited
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$2.37

I don't think RMS will convert Wattle Dam to reserves as it is...
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Last
$2.37 |
Change
-0.010(0.42%) |
Mkt cap ! $2.746B |
Open | High | Low | Value | Volume |
$2.46 | $2.47 | $2.36 | $41.58M | 17.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 96250 | $2.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.39 | 113333 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 93250 | 2.370 |
15 | 152646 | 2.360 |
21 | 101125 | 2.350 |
1 | 2000 | 2.340 |
5 | 36731 | 2.330 |
Price($) | Vol. | No. |
---|---|---|
2.390 | 113333 | 1 |
2.400 | 65471 | 7 |
2.410 | 50000 | 2 |
2.420 | 5000 | 1 |
2.430 | 6000 | 1 |
Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
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AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
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