RVR red river resources limited

Ann: Red River completes transformative December quarter, page-15

  1. 1,087 Posts.
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    Great result and well in line with expectations of not better as 112kt of ore was processed with guidance usually 90-100? The grades are a bit lower this Q however it'll be interesting on the call if Mel suggests we had to cut through some crap to now have access to the honey pot which i believe we are close to. There was also probably a large stockpile of low grade ore waiting to be processed when metal prices increased like they have now so that would impact grade as well however that's all speculation. I will chuck the numbers into my spreadsheet tonight to give you all an idea of revenue and potential ebitda for the Q. Anyway looking like another beast of a Q is on the way!!!
    imo dyor gltah
 
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