Ramelius seeks value in reserve conversion

A RAFT of project studies focused on the company’s Mt Magnet and Edna May operating hubs in Western Australia are expected to help emerging mid-tier gold miner Ramelius Resources boost reserves and transform a “lazy resource sheet” in FY21, giving investors a new view of the portfolio that has underpinned a steep rise in Ramelius’ share price in the past year.

Ramelius seeks value in reserve conversion Ramelius seeks value in reserve conversion Ramelius seeks value in reserve conversion Ramelius seeks value in reserve conversion Ramelius seeks value in reserve conversion

Ramelius Resources managing director Mark Zeptner at the 2020 Diggers and Dealers in Kalgoorlie, Western Australia

Coming off a 176% share price gain in the 12 months to June 30 this year, Ramelius has since consolidated the gains and is now worth about A$1.78 billion.