I don't have the technical expertise to judge these things but RMS do and I made the simple assumption that if it didn't stack up they wouldn't want it and conversely if they did want it it was a fair risk . Good grades and the AISC supposed to be $1075 . Now I don't have a strong opinion on this one way or another and am aware that it is possible parameters for the study may not have been adequate but if RMS wanted it I'd be happy enough to trust their judgement .
Acc. to MZ's stated position AISC must be as good or better so that rules DCN out . Also if the GP stayed around here or got lower the lower margin operations would be less favored .
Spec take your point a bit , that bulk tonnage pits preferred , but RMS have and do operate underground mines successfully and are planning even more so not puting too much weight on that arguement .
WGX still my personal favorite but doubt that too .
RMS Price at posting:
$1.33 Sentiment: Buy Disclosure: Held
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