RMS 2.88% 50.5¢ ramelius resources limited

Gold price AU$ 1581

  1. 4,803 Posts.
    lightbulb Created with Sketch. 11
    Nasty drop in gold price overnight but I trust epicfail is correct in this is only temporary.
    Either way RMS is still making a healthy profit margin at this level.
    AISC of $1120 predicted for the year still gives them $460 profit per ounce at this level.
    Thats 36.8 million profit for a year. Not bad.
    I am not concerned, but Monday will see some nervous nellies selling.
    Its inevitable.
 
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