RVR 0.00% 7.3¢ red river resources limited

Ann: Concentrate Production Commences at Thalanga, page-29

  1. 9,111 Posts.
    lightbulb Created with Sketch. 909
    This is very good news especially with only copper and dollar just outside of the companies pricing assumptions.

    Don't want to be a wet blanket, starting con production itself early is very strong, but the release we need to confirm the budget assumptions are good is that full production tonnes (assumed in the updated mine study) have been hit over a quarter and full cash flow is taking over. Ramp up could be slower than expected or other issues may arise.

    Other big news is pricing and ongoing exploration results.
 
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