RVR 0.00% 7.3¢ red river resources limited

Ann: Half Yearly Report and Accounts - 31 December 2017, page-40

  1. 440 Posts.
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    Lot of variables but showing any profit at this stage is pretty good. I would expect the full march quarter results to be a bit better than just announced. Anything up from 1.3 cents EPS would be good. If the plant can keep a constant mill rate ,improve recoveries and Zinc prices remain around where they are it will make a big difference to profits. If enough new ore is found and the mill can ramp up to double production this will be gooooood. Saw Mel P on I think Sky Business News and he was saying he expect the mine to be operating for decades?
 
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