RMS 1.42% $2.14 ramelius resources limited

such irony... a 70m writedown... AND a 34% production upgrade.I...

  1. 1,197 Posts.
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    such irony...

    a 70m writedown... AND a 34% production upgrade.

    I think they should double his base and pay Gordon in shares this year.

    What a coincidence that they announced the 34% increase in production and then the minor news about a writedown of 150% of the market cap of the company / 700% of the enterprise value of the company.

    Especially since the price of gold is only $100 to $150 below the price used in their forecasts.
 
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