RVR 0.00% 7.3¢ red river resources limited

Antimony, page-104

  1. 13,633 Posts.
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    Just nice to be talking about the company and not the shareprice PickEm.
    Once one accepts that things rarely go quite as expected, then the general intention of having Hillgrove running at nameplate or beyond at METZ early next year , Thalanga probably in the second half of the year and exploration drilling in between is a perfectly reasonable timetable and its really just a matter of sitting back and let it happen, in fact we don't have an option if your holding longer term...

    Canaccords FY 21 NPAT of $9.8m has already been exceeded in the first 6 months, their FY 22 of $27.8 m is looking conservative at the moment as is their FY 23 of $71m but I would very happily accept that.

    The more I look at the Syndicate mine and the price of ANTIMONY the more my mouth waters and I'm very much looking forward to the companies final projections on expected recoveries and costs per GOLD eq oz...if they can't make money on GOLD eq grades of 8.9gt ( should be higher now with the ANTIMONY prices although GOLD is a bit weaker currently) then they never will...

    Cheers Whisky
 
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