RVR 0.00% 7.3¢ red river resources limited

Ann: June 2021 Quarterly Production Update, page-12

  1. 13,507 Posts.
    lightbulb Created with Sketch. 4600
    Not a great result but if all product sold the revenue from Thalanga should be in $28-30m and GOLD around $2-4m IMO. According to the last conference call they only expected to enter the higher grade zones in Far West in the last month of the quarter...Overall mine production is in the expected range, they mined more than they milled so maybe building up the stockpile a little.

    Hillgrove throughput still slow but if its around getting the processes right and not throw GOLD out then thats no real concern..very much early days there and will get a better handle on whats happening there in the conference call..

    Cheers Whisky



    Cheers Whisky
 
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