Insane, page-34

There is infill drilling and then also production drilling during mining to fully assess stope design. RVR starts with west 45 which has a 0.4 Mt mining reserve, so is not starting with Far West which at the moment is being drilled to higher confidence level.

A more appropriate bench mark for RVR risks is the old KZL since they mined the same area/mineralisation as RVR plan. They didn't fail due to any major mine or plant issues to my knowledge but fell over due to zinc and copper pricing and a turd called admiral bay.

Similar to CBH, zinc pricing, questionable management and the fact a PEM CBH merger that didn't happen would have cut costs and increased production were as or more significant.

The market will struggle to pay full broker type values for RVR not due to mine or plant risks but because of the short mine life. Nobody will pay full value for something that will close in a few years. So zinc pricing and exploration are the two largest risks for me.

Can see the difference over time with the AVB market cap, start small but has made high value acquisitions and logical steps to expand future production and mine life past 10 years. Would use a zinc stock example but there is not one....