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
$2.27 |
Change
-0.030(1.30%) |
Mkt cap ! $2.606B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.29 | $2.22 | $7.884M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29957 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.28 | 319256 | 8 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |