Zeeshan What you missed was that they have $17.5m in the bank....

Zeeshan

What you missed was that they have $17.5m in the bank. Any company that highlights that they have money coming in for the previous months sales and makes no mention of money going out for costs raises a red flag. RVR will always be one month behind with receipt of cash for deliveries.
June deliveries will be partly paid in July.
Also the second mine will now be 2019. Are they slowing down construction to preserve cash.
They also chose not to lock in high forward metal prices. Could this be because they were unsure of how much concentrates they were to produce. Maybe that is a reason that Mel gives no June production guidance.
In the meantime the insiders appear to be having a field day.