RVR 0.00% 7.3¢ red river resources limited

Ann: Change in substantial holding, page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 13,626 Posts.
    lightbulb Created with Sketch. 4686
    Yes picked up a few more on that news. Barring any major mine issues the newsflow should be positive for a while..

    1: Far West can really only have a better quarter given the mine was getting back to full production in Dec and commodity prices are holding firm. This should lead to reducing debt and increasing cash.

    2: ANTIMONY offtake due and could arrive at anytime.

    3: Contract for UG mining at Hillgrove due , although it may still take a while.

    4: That leads to an eventual restart announcement at Hillgrove.

    5: Varius updates around Liontown although thats next years story as far as I'm concerned.

    6: Various drill results due although with limited near term impact IMO, should be an upgrade in reserves and resources at Liontown plus a mining plan.

    Who knows how this will reflect in the shareprice but we are closer to a bottom than a top..I think..

    Cheers Whisky



 
watchlist Created with Sketch. Add RVR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.