thanks nk - informative article (as far as it goes - I would expect that there is the usual amount of gloss and spin involved).
It struck me how similar SLR and RMS are: similar market cap, similar net cash, similar issue with life of mine, similar idea of looking overseas for expansion. Ramelius is a bit different in that it bought Edna May mine from Evolution a couple of months back to add another 80k oz or so of production for at least the next couple of years but somewhat surprisingly this acquisition appears to have no beneficial effect on the RMS share price. What Mr Tonkin said about adding ounces being good for a gold company sounds sensible in theory but the Ramelius management may have a different take on that now.
SLR Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held