RMS 4.02% $1.94 ramelius resources limited

target 14 cents based on profit forecast, page-2

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    I should add that rms might eventually reach its 200.000 ounce target but only make $10 million profit py.
    Bit of a joke considering $100 million was spent on the mill.


    It would take 10yrs producton to break even.
    If I include inflation of 4% per year and depreciation of 15% losses would increase by another $100 million.
    It would take that to 20 yrs to break even.
 
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