RMS 1.63% $1.88 ramelius resources limited

What’s happening at Tampia, page-481

  1. 3,738 Posts.
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    Well done to RMS management. Astoundingly they have received some criticism on here yet once again they have delivered the goods.

    At one stage we had only low grade stockpiles for EM and now we have stockpiles, EM underground, Marda, Greenfinch and now Tampia.

    I know some previous EXU holders stated that the Mace deposit would generate enough to pay for the plant and to basically end world hunger among other things so it's good that they are mining this early. I don't think RMS holders expect too much but it certainly should give a bump to grade and profitability early. Will be interesting to see the amount of ounces they recover because RMS does run with an under promise and over deliver mentality.

    Assuming Mace does deliver high grade and cheap ounces the July quarter might get a kick assuming that they get around to mining and delivering it in that quarter.
 
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