what's in store in the Resources& Reserves Statement ?
It was originally scheduled for August.
However, since then AUD gold has sailed past $2100 and is at 2265 as I write .
Given the substantial expenditure on exploration in Mt Magnet, Vivien and Edna May and now Marda, Tampia and Symes Find I'm wondering just how many kilometres of drilling and assaying has occurred in the past 5 years.
Could there be 100kms of drill core ? And in previous Reserves Statements - with imputed prices well below the current - how many ounzes have been excluded from reserves as marginal?
How many ounzes at Mt Magnet, Vivien and Edna May once excluded can and should be included in reserves?
50,000 ? 100,000?
Is the present Ramelius reserves inventory closer now to 1.5million ounzes?
please discuss.
bought more RMS at 124 today
RMS Price at posting:
$1.25 Sentiment: Buy Disclosure: Held
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