RVR
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0.00% 7.3¢ red river resources limited

some calcs:zn 1431lead. 357x0.9. 320copper. 860x3= 2,580total zn...

  1. Beachlover
    2,297 Posts.
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    12/02/20
    23:34
    Post #: 42899617
    some calcs:
    zn 1431
    lead. 357x0.9. 320
    copper. 860x3= 2,580
    total zn equal. 4,311tons zn equiv

    4,311x 2000 (lbs per ton) =8.6m p/quarter @$1 us a ton

    3 equal quarters say $26m.

    assume usd/aud is contingcy for any reduced production and $1m for error rate.

    $25m for the quarter less $23m run cost; $2m surplus for the quarter ie ~$13m cash reserve end of quarter.

    anything wrong with the math shout out.
    RVR Price at posting: 10.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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