RVR 0.00% 7.3¢ red river resources limited

Ann: RVR survey targets copper-rich mineralisation at Thalanga, page-74

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  1. 2,297 Posts.
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    if this doesnt get the market wet ie when that quarterly comes out, I dont know what will.

    revised targets for SP:
    May/June 2021: +50c
    Sept/Oct 2021: +$1

    3q revenue: 45m for readons mentioned previosly
    4q revenue: +50m with higher hillgrove (additional full quarter impact

    would bring full year revenue to +$160m ie +30-40% analyst expectations. And if analysts were wuoting a target of 40c with $126m revenue, at +30%, and also now attributing value for hillgrove, you get very close to a $1 target SP rerate.

    itll be interesting to see what new SP these desk jockeys come up with after the quarterly but anything sub 60c would be a joke again.....

    nothing better on the market in my view, nothingggg! (unless theres a company on the asx into biomedical sciences who have learnt to implant smart chips into monkeys brains to fly space x shuttles to pluto and mine for unobtainium)!
    https://hotcopper.com.au/data/attachments/2998/2998577-267824d40a155e69e045a8059747816f.jpg
 
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