RVR 0.00% 7.3¢ red river resources limited

Ann: RVR hits high-grade gold, copper and zinc in the gap at LT, page-65

  1. 1,581 Posts.
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    Anyone explain why RVR deserves an $85m valuation? Just don’t see it

    C2 & C3 below spot. POZ under feasibility study baseline (and on a relentless downward trajectory). Negative EBITDA.

    What multiples are people using to value the company?

    Share price could deteriorate further in next quarter if Zn price doesn’t behave & margins continue to squeeze. Low teens/single digits imo.
 
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Currently unlisted public company.

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