RVR
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0.00% 7.3¢ red river resources limited

Ann: High Grade Gold at Curry's Block, page-57

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  1. CuAupow
    228 Posts.
    lightbulb Created with Sketch. 75
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    18/10/20
    20:07
    Post #: 48183885
    I am valuing at 4-6xEBITDA. 2021 EBITDA > 50m (consensus metal values and maintaining current production could provide this) would imply value 200-300m (excluding Hillgrove). Higher EBITDA higher valuation. Interesting to see sep Q numbers. As always valuation does not necessarily translate to share price. GLTAH DYOR.
    RVR Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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