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0.00% 7.3¢ red river resources limited

Ann: Red River hits high-grade gold at Currys Lode, page-60

  1. AusDangPowers
    423 Posts.
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    20/11/20
    10:39
    Post #: 49013422
    trade tight range for a while, volume drop, price drop slowly few more days. Squeeze out any weak hands before next leg up. Next leg, cause = news hillgrove now operational.
    Thats my guess. And of course, shortly after mine open, jan 14 qrtly news. $15 ebitda? Any takers on that. If correct 13.8 + 15 / 518sh = 5.6c/sh. Suggest pe 12.5 initially or 67c target january.
    RVR Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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