RVR 0.00% 7.3¢ red river resources limited

Ann: Trading Halt, page-33

  1. 55 Posts.
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    Looking at tjlsol's post just above yours. It seems that this provisions was increased to 22.5 million in the latest quarter, while increasing cash balance from 19 mil to 24mil. I can see why management are trying to drag out this payment as long as possible (while the mines are profitable). I think that the longer they can hold it off the more likely rvr can avoid taking out financing facilities
 
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Currently unlisted public company.

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