Ramelius Resources has just gone into trading halt announcing the ball mill at its Mt Magnet Project has failed. The Company produces at only just below the current gold price and is a single mine business. Should this delay be sustained it could have serious ramifications for shareholders. Thoughts @PerpetualGold @tonylocantro ?
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.
Yes fair point Rod. They do have a good track record over the years so worth giving them benefit of time.