too simplistic
Lake Roe is structurally complex and generally too much dirt has to be shifted over a large area for too little gold - strip ratio .
Only amatuers talk about grade in isolation without considering strip .
Rebecca is a much more straight forward proposition .
Lake Roe appears to have maybe 400 k oz central pit possible but hard to find more pittable (IMO) .
I imagine some good potential underground but expensive to drill - as BRB have found out .
BRB can if they wish appoint someone to do an independant study of the RMS bid which I think would be a good thing and I would welcome it - doubt you would like what it comes up with though , you seem unreasonably optimistic about a difficult project , IMO .
RMS Chart, page-2379
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Last
$2.40 |
Change
-0.010(0.41%) |
Mkt cap ! $2.755B | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.42 | $2.34 | $10.32M | 4.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 25502 | 1 |
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| RMS (ASX) Chart |