RMS - RAMELIUS RESOURCES LIMITED

[plastic]

Bounce back topping out. Back to one thirty we go.

[denpal]

I hope not, looking for this to go higher on the back of the gold sector trend change.

[mullokintyre]

RMS started mining at Tampia gold mine.

After the investment in the mining, now is the time to get the returns.

Processing won't be recognised until next Fin year, so won't have any(much?) impact on the this Fin year.

With the overnight crunch in gold, expect the Sp to fall,.

Hope that one of the low ball bids I have had in for a while gets taken out.

Mick

[nipper]

Hard to make a buck if costs keep rising.

FY23 PRODUCTION GUIDANCE

Group gold production Guidance for FY23 is 240,000 to 280,000 ounces at an AISC of A$1,750 to 1,950/oz with the Half Year breakdown by major ore source shown [in the quarterly]. The AISC for FY23 will be adversely impacted by the underlying inflationary pressures seen in the industry but also from the depletion of high grade / lower cost ore sources such as the Shannon and Vivien underground mines.