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7.3¢ red river resources limited

Ann: Appendix 4D and Half Year Report - 31 December 2021, page-137

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Whisky49

13,593 Posts.

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07/04/22

07:51

Post #: 60703661
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Originally posted by Beachlover: ↑

i think it will come down to the details of the contract to be honest. I would assume Mel would have had to seek approval from the Board, given the higher costs experienced with the sign on, in the current environment. This would not have been cheap by any means but one would assume that Anyimony and Gold can hold prices if not go north to allow us some headroom.

quite interested to see into what the details are and what on earth "our own RVR" personnel at Hillgrove (around 50-60 bodies) have been doing and will be doing once these guys are
deployed. Im guessing our
peraonnel will meah in with them and aupport
lite functions? not
quite sure
how the workforce works collectively but they definately have the experience judging by their website

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i think it will come down to the details of the contract to be honest.

Most details will remain confidential for commercial reasons but will be based around current realities. Fortunately the current realities around commodity prices will help balance things out..

Cheers Whisky

RVR Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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