RVR red river resources limited
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Antimony, page-82

  1. CuAupow
    228 Posts.
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    08/03/21
    23:59
    Post #: 51613017
    “The majority of EBITDA gets put back into mine development”

    NOT TRUE - if you look at the first half it actually doesn’t. Your statement is not factual.

    cashflow from operations = 27.4m
    cash used in investing activities = 13.8m

    this also included up front spending ahead of Hillside restart.
    This is at prices well below current spot too.





    Last edited by CuAupow: 09/03/21
    RVR Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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