I'll be disappointed if they don't opt for expansion plans at Mt.Magnet particularly if they feel it is viable and the better option. A$1500 gold price assumption, bigger pit, +1million ounces over +8 years (then throw in some underground mining of high grade shoots down the track to run thru the mill in tandem).
I'm not invested in gold miners because i'm looking for a sustained retracement to A$1300 and don't want an ultra conservative management.
+ if I demanded the same salary as my boss i'd be out of a job. I concern myself with the wicket i'm on which is enough to keep me in the job. It's the way of the world. Corporate salary's are pretty obscene the world over in my view. Except for Rob Mcewen who doesn't even give himself a salary but instead is heavily invested in the shares as his way of making a profit.
RMS Price at posting:
$1.19 Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)