RVR red river resources limited

Ann: Change of Director's Interest Notice - M Hanlon, page-16

  1. 13,919 Posts.
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    The Director has just confirmed what is patently obvious and that is if the Company can make a profit in the last quarter, which involved more development drilling , expensive cementing and considerable wet season issues, hence lower production and grades.
    Then it will make a more profit as it reaps the benefit of that work, this and following quarters by doing more stoping with higher grades, higher throughput, less development work, considerably less expensive cementing and no wet season issues ... as they work their way towards the honey pot...

    We are still getting around A$4000 T for ZINC and that is about the same as we were getting when mining started...The World has not ended..

    Cheers Whisky
 
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