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0.00% 7.3¢ red river resources limited

Ann: Quarterly Activities Report for June 2022, page-4

  1. elzephyrus
    5,509 Posts.
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    28/07/22
    09:21
    Post #: 62770731
    On target for my expectations of 90kT of ore mined and approx $27m revenue, so a good report imo.

    Having said that, I'm expecting 15% less revenue this quarter (on 90kT ore mined) due to current metal prices.
    Also, they sold more than they produced this q by nearly 10%. That reduces revenue further, so expect a drop in the bank balance by next q results.
    Last edited by elzephyrus: 28/07/22
    RVR Price at posting: 13.5¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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