RMS ramelius resources limited

Cheers Baraka.I had been advised by those that have visited the...

  1. 12,456 Posts.
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    Cheers Baraka.
    I had been advised by those that have visited the area that it's all set for trucking (good to have further confirmation that others are already doing it).

    Yalgoo has been a slow burn for SPR once it discovered Never Never/Pepper, but... it has been progressing with a lot of work done around when Yalgoo became part of GCY now... SPR.

    From Jan 2024 Qrtly (basically repeated throughout 2024) Will be very interesting to see what SPR includes regarding Yalgoo in the coming quarterly...

    https://hotcopper.com.au/data/attachments/6918/6918128-64e61fb3862996693a34f0edcbdff7c0.jpg
    https://hotcopper.com.au/data/attachments/6918/6918132-f08746d54546c9cbddb60b9ec23e6ebf.jpg
    From Jan 2023 Qrtly...

    https://hotcopper.com.au/data/attachments/6918/6918155-8921aee5c02ea6301cabd6242ee0aaab.jpg

    https://hotcopper.com.au/data/attachments/6918/6918180-5784404d20def01503a81f081ecb96c0.jpg
    July 2022 Qrtly

    https://hotcopper.com.au/data/attachments/6918/6918186-18471279004e06f555825d6cdabfffb7.jpg
    https://hotcopper.com.au/data/attachments/6918/6918188-4f4e4a92a4598d2c32e9b4aef8196b11.jpg
    https://hotcopper.com.au/data/attachments/6918/6918194-2efd9e04294a0cdfaae7a11a5a62292c.jpg

    https://hotcopper.com.au/data/attachments/6918/6918196-0bdcf42d8f1093d098d0e75d7f4fbc54.jpg

    Basically... for those that have not been around GCY/SPR for too long, Melville was getting set to feed the Dalgaranga plant back in 2022...

    Infill drilling has been done, as above, the majority of the ore is indicated, the last MRE update was.. 2022 I think.. bit of a change in the POG since then.... either way, 1.5g/t open pits with low strip, are very valuable these days.

    Nice to see the market rewarding RMS for a good quarter. Looking forward to seeing more detail later this month, particularly in regards to Cue and... any further upside in the reconciliation.
 
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