RVR 0.00% 7.3¢ red river resources limited

Ann: Change in substantial holding, page-157

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  1. 237 Posts.
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    I am hoping you guys can answer my quieries. If rvr are making ebit of about $7mil per qtr, why is cash at bank dropping by $3mil and why are they drawing another $8 mil on there working capital facility. Are these all costs relating to hillgrove? They only have $10 mil cash , is this enough to keep everything going?
 
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