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7.3¢ red river resources limited

so basically it is an increase in through put / increase in...

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Zeeshan

7,654 Posts.

618

21/11/17

12:19

Post #: 28981331
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Originally posted by fightinggreed ↑

Hi Zeeshan,

My suspicion is that when the resource upgrade comes out for West 45, then there will be a new mine plan drawn up. It will be a mine plan at a higher rate of production to take into account two mines producing concurrently from mid 2018. At that point we will get an official announcement of the new LoM (and new expected rate of throughput!). I think you will see the West 45 resource upgrade before Christmas.

Cheers,
Tim.

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so basically it is an increase in through put / increase in production rather than an extension of LOM....at this stage.

RVR Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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