RVR 0.00% 7.3¢ red river resources limited

Zinc Stocks!, page-24

  1. 13,419 Posts.
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    Yes the dollar is certainly helping but IMO the main thing is with the mine dialed in and humming along , no debt and increasing cash position the Company is well able to cope with lower commodity prices and go gangbusters with higher prices...

    Our cash position is such that by the time Far West is producing next quarter and development costs to first production ore there stops, we would likely have enough cash to cover the development costs to first production ore for both Waterloo and Liontown , which is a very nice position to be in....


    Cheers Whisky


 
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Currently unlisted public company.

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