RVR 0.00% 7.3¢ red river resources limited

Insane, page-17

  1. 6,591 Posts.
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    Any engineers out there?

    Good luck to the planners that are going to be responsible for successfully extracting ore that hasn't been drilled out to measured status. Seems like a lot of the drilling at the moment is targeted on resource volume, rather than resource confidence. An operating mine needs confidence, especially at 12% Zn eq. Worthwhile researching in to the troubles of CBH's operations to understand why poor resource confidence can be back breaking to any operation.

    Bit of risk in this one in my opinion. $100M is fair value.

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Currently unlisted public company.

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