Well we will find out the production numbers soon enough, although it's already been flagged that production will likely be in the 90,000 T range this quarter or similar to the previous quarter. One would expected grades to be better....IMO the main thing to watch for in the quarterly itself is C1-3 costs , they should and need to be heading back down.
Expected spend for the quarter was $25.2m which includes around $4m in development and exploration spending. If our revenue could match or exceed that it would be a good result IMO given they transitioning between mines. Last quarters revenue was $21.1m on a very disrupted quarter yet they still managed to get an unaudited EBITDA of $3m..
Cheers Whisky
RVR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
