From the presso they indicate plans to extract 30-50 koz gold from Hillgrove from end of CY2021. On the lower end of that expectation the income on lower guidance at current gold price levels is about double current MC. If all goes to plan that's not bad for a company with current MC of only $32mill. Me thinks that's pretty impressive.
PNR currently extract around 9koz gold/quarter - and look at their much higher MC and share price. And they only mine for gold. And yet their share price has also been hammered for some time.
With RVR Mr Market is snoozing. Time to set the wake up alarm! My blinkers are off and see a positive future for this company. Bulls v bears - time will soon tell which group comes to the fore. Best wishes to all. DYOR.
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