Ramelius Resources Limited (AU:RMS) has released an update.
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Ramelius Resources Limited has released promising pre-feasibility study results for its Rebecca-Roe Gold Project, boasting an impressive post-tax net present value of A$332 million at a gold price of A$3,500 per ounce, which could soar to A$610 million if gold prices hit A$4,000 per ounce. The project anticipates average gold production of 130,000 ounces annually, with an all-in sustaining cost of A$2,346 per ounce, over a 9-year life-of-mine. Investors may find the potential returns attractive, with an after-tax internal rate of return of 26% and a payback period of just 4 years.
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