RMS 1.02% $1.94 ramelius resources limited

sally thks for report, page-12

  1. 1,702 Posts.
    My point is where is it going now? It's been well known by holders (i've been long for 3+ years) about the ore stock pile held by the company but extracting value for that ore had been very hard. The company was shopping itself around for sale for some time now and the sp flatlining. As a result of it being undervalued in eyes of those who control it (or unsaleable whichever way you look at it), the company decided to drill (thankfully) at WD. Great decision which I applaud the management for. But where to from here? You can talk about 1500% or whatever but there's cost of carry too my friend. Drilling was a great result, probably the best 1 off drill results in Aust mining for 10 years or so - my point is a really good plan for say the next 5-10 years would be the next step. If Joe's onto that, well I'll applaud that too. DYOR, staying long for the plan...........
 
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