RVR 0.00% 7.3¢ red river resources limited

One of the main reasons for dumping half my position was this...

  1. 1,087 Posts.
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    One of the main reasons for dumping half my position was this fact. They mined a great deal in a supposed decent area yet it's the shittest grade we have seen all year? Debt draw down is a certainty now for the royalty and we are going to burn cash developing liontown and continuing to burn cash getting hillgrove off the ground. I still hold a fair amount but can't see us moving anywhere but to a 15-20c range once royalty has been announced. Maybe then I'll back up the truck but I'm not sure I can do it to myself imo
 
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Currently unlisted public company.

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