RVR 0.00% 7.3¢ red river resources limited

Ann: RVR to restart Hillgrove Gold production in 2020, page-13

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  1. 13,596 Posts.
    lightbulb Created with Sketch. 4671
    Well if we go for the average of 250,000 T at 2.5g/t at 85% recovery we are looking at around $37m gross revenue at current gold prices in AU$ and ounce ,about a years worth of mining..a lot of variables which would alter those figures in either direction but it should be a nice little profit centre regardless...in the meantime Thalanga should be on the up....

    Cheers Whisky
 
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