Excellent post on Ramelius , EnergyTsars .
You have a great handle on the company and the area--and the $40 mill they applied from free cash flow from Wattle Dam might well turn out to be one of the CHEAPEST per OZ gold buy/find in the history of WA goldmining .
In this regard , if you have not already done so --have a look at Doray ( DRM )and their recent Presentation / drilling programme on the ASX on the 22nd Sept .
Excellent ground , starting with the find at Wilbur 44kms north of Meeka , and with tenements down to just north of Hill 50.
Slide 13 reflects on the dream potential of another Great Fingalls as the ultimate"prize"???!!!
Excellent Board / Technical exploration Geologists in Allan Kelly/ Heath Hellewell/ Mark Cossom.
The next 6 months for Ramelius drilling at Mt Magnet and Doray nearby and at Meekatharra , could completely revitalise this old gold area.
Keep up your great posts .
PS this is a pro Ramelius , but those investors interested in Mt Magnet should not overlook DRM
cheers
rms total gold oz is 3,949,900 as at 2/9/10, page-16
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$1.89 |
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Mkt cap ! $2.163B | |||
| Open | High | Low | Value | Volume |
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