RVR 0.00% 7.3¢ red river resources limited

Ann: Resignation of Managing Director, page-13

  1. 627 Posts.
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    If you take out exploration and capex expenditure, Hillgrove overheads appear to be roughly $2m/quarter as of last quarter (where there wasn't any production underway). With Hillgrove development on pause, will the overheads drop? They appeared to hire a lot of personnel for the restart last year based on Seek ads and in this jobs environment you wouldn't want lay off anyone for fear of not being able to hire the workforce back when you do want to kick off.

    https://hotcopper.com.au/data/attachments/4516/4516087-59cd0c12ad53063a8440e3edcc63ba6e.jpg

    RVR's future is definitely hinging on Liontown as far as I can see, will be watching to see when this will actually kick off.

    All the best to Mel for his future endeavours.
 
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