Ann: Red River renews Trafigura offtake agreements, page-8

"Anyway nothing exciting but an announcement that is nicely accepted!"

Hi Mining
I have to disagree about the excitement level of this announcement! This is almost $20 Million AUD that Red River can use for just about ANY purpose if it is needed. Previously the money could only be used for Thalanga but now Hillgrove could also benefit or any other purpose RVR sees fit.
I understand that the facility was increased because Trafigura was both pleased and surprised with the speed that RVR repaid the money it borrowed previously.

Cheers

Neptune