I think RVR is in a good position right now. Zinc prices are decent and it will be in production before we know it. Therefore, it will be getting into production while zinc prices are good...getting into production at the right time of the cycle is half the battle.
Sure, some bumps along the road going into production like any company but management would have planned for that.
Another thing to note here is that they have a healthy balance sheet. No debt and enough cash to support them into production. That means they are never forced into taking not so great off take deals order to get financing. They can be choosy and get the best off take deal for their shareholders.
It would be good for them to upgrade the resource and get a longer mine life. But at least if zinc prices hold up you know it will be a decent short term outlook for them.
- Forums
- ASX - By Stock
- RVR
- WOW Patience is a Virtue
WOW Patience is a Virtue, page-14
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RVR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online