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7.3¢ red river resources limited

Cash Balance & Estimated Cash Flow???, page-60

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Mango22

548 Posts.

35

11/06/19

13:14

Post #: 39000724
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Originally posted by Plext ↑

It's been 2 months since we had an update on the issue, they said we were to be informed in due course. As Zinc price continues to get smashed down into the 2400s I as a shareholder would expect some sort of news flow. The head count last Q was 156 with 73 FT mouths to feed, they are going to need every last bit of good material in this Q results.

Id be surprised if RVR holds .18c tomorrow after the 930k sell after market.

If I were RVR management id be buying call options when Zn hits $2389. I remember RVR have options at around $2720 pity they didnt get more at $2900 whilst the trade war was in neutral mode.

Sentiment - unbelievably changed till we test support at 15-16c

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Do you hold? Your disclosure says "not hold", but your message says ".... I as a shareholder.... "

Last edited by Mango22: 11/06/19

RVR Price at posting: 18.0¢ Sentiment: None Disclosure: Not Held
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