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0.00% 7.3¢ red river resources limited

Ann: Ian Smith joins Red River Resources Board, page-108

  1. Whisky49
    13,364 Posts.
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    28/04/21
    09:26
    Post #: 52770796



    Red River enjoys fast payment terms pursuant to the offtake agreements, enabling strong working capital for the Company.

    Thats it in a nutshell , I'm not sure of the finer details but Glencor takes delivery of COPPER at the gate and ZINC and LEAD is trucked to the port.

    My understanding payments comes in two parts. However payments will average out over the quarters regardless of however they happen..

    Cheers Whisky

    RVR Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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