RVR red river resources limited

Ann: Change in substantial holding, page-8

  1. 13,904 Posts.
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    Yes picked up a few more on that news. Barring any major mine issues the newsflow should be positive for a while..

    1: Far West can really only have a better quarter given the mine was getting back to full production in Dec and commodity prices are holding firm. This should lead to reducing debt and increasing cash.

    2: ANTIMONY offtake due and could arrive at anytime.

    3: Contract for UG mining at Hillgrove due , although it may still take a while.

    4: That leads to an eventual restart announcement at Hillgrove.

    5: Varius updates around Liontown although thats next years story as far as I'm concerned.

    6: Various drill results due although with limited near term impact IMO, should be an upgrade in reserves and resources at Liontown plus a mining plan.

    Who knows how this will reflect in the shareprice but we are closer to a bottom than a top..I think..

    Cheers Whisky



 
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