RVR 0.00% 7.3¢ red river resources limited

Ann: Quarterly Activities Report for June 2022, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,515 Posts.
    lightbulb Created with Sketch. 329
    On target for my expectations of 90kT of ore mined and approx $27m revenue, so a good report imo.

    Having said that, I'm expecting 15% less revenue this quarter (on 90kT ore mined) due to current metal prices.
    Also, they sold more than they produced this q by nearly 10%. That reduces revenue further, so expect a drop in the bank balance by next q results.
    Last edited by elzephyrus: 28/07/22
 
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.