RVR red river resources limited
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Thank God For Gold, page-4

  1. Plext
    10,742 Posts.
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    25/02/20
    11:29
    Post #: 43133425
    IMO this will be a great medium term buy even if they do raise to get the gold projects off the ground. Seriously there's so much money being thrown at gold projects i dont think it would be hard to get funds sorted to get things moving at Hillgrove. Imagine hedging gold contracts at $2500 AUD or better !
    They might be able to go to the likes of Macquarie to get a loan and they usually make them hedge as part of the deal, meaning limited dilution for shareholders. Theres so much potential but we are just guessing whilst the sp gets smashed by someone with a truck load of shares,,,,,, TOP 20 would be nice !
    Last edited by Plext: 25/02/20
    RVR Price at posting: 8.9¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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