RVR 0.00% 7.3¢ red river resources limited

Ann: Hillgrove Operations Update, page-13

  1. 11,947 Posts.
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    Whilst I am not surprised, I really struggle to understand why over the past year, they did not undertake a small scale U/G operation. They likely only need 2,000 ounces a month to make it profitable.... Perhaps this could have also allowed for more infill drilling etc.
    I think the company should be looking at all options in regards to Hillgrove, including a J/V and outright sale. I don't want them to sell it, but... RVR needs to get its house in order. Such a wasted opportunity I think most agree.

    That being said, I decided a while back, that the upside in RVR is worth the wait.

    Good luck to all holders (yes... I suppose you too @Undaunted if you rejoin us).
 
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