RVR 0.00% 7.3¢ red river resources limited

Research/Broker Report, page-27

  1. 2,617 Posts.
    lightbulb Created with Sketch. 380
    Being in production takes huge risk of the table. LOM is the last piece of the puzzle - if that is delivered we have a great company

    If LOM extension is delivered and this allows all the numbers to be re calculated to same and given we are in production that changes everything

    RVR then becomes very desirable as by being in production, POZ whilst always important, is less of a factor as we are profitable even in a falling POZ market

    Other companies rushing to production may find their backing and funding less available in a falling POZ scenario

    Key input for all RVR holders now is LOM extension - that will be the game changer IMHO
 
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.