RVR 0.00% 7.3¢ red river resources limited

Ann: Quarterly Activities and Cashflow Report - December 2016, page-7

  1. 9,111 Posts.
    lightbulb Created with Sketch. 909

    May have been missed right at the end, seems they used the known Waterloo mineralisation to better target new mineralisation in future gravity survey programs. If we want a serious market cap and sustained future dividends then not only the mine life needs extending but probably expansions via exploration success. This will drive the opex down to keep running in the next period of low prices.
    Last edited by FiendishRedbeard: 02/02/17
 
watchlist Created with Sketch. Add RVR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.