RR1 reach resources limited

Ann: Investor Webinar Presentation, page-13

  1. 278 Posts.
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    HI Mickey, I'd hope the webinar gets posted somewhere soon.

    Others are better equipped to evaluate what JB said. But my simple takeout is that JB is being very measured, and mindful of shareholders wanting a return without having cough up more capital. He's in conversation with mining services companies and processors - but there are a number of steps to complete before the gold gets dug out of the ground - he seems hopeful that will commence this calendar year. So maybe some revenue in 2025: if not, then hopefully early 2026 (provided none of the many potential dangers don't rear up and bite us).

    So far as the share price is concerned, others will have a better informed view. But if we need revenue for a jump in price, then we might have to to wait another 8 months or more. However, IMO if JB gets everything locked down so that the resource is clearly defined, the mine plan is acceptable to the potential partners, and our revenue is virtually guaranteed going forward (if that's possible), then maybe we'll get a jump when the partnership deals are signed. I'm keen to hear from @Snowy84 on this topic.
 
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