RVR 0.00% 7.3¢ red river resources limited

Ann: Quarterly Production Update, page-26

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  1. 5,522 Posts.
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    No, I wouldn't really want them to go into debt tbh, but I think it would be enough to get them to a point where Hillgrove comes on line & they become cashflow positive again. That may require a jv at Hillgrove, but it really depends on commodity prices. These are looking better but AUD is strengthening at the same time, so... Thalanga seems to be doing better so hopefully they can ramp it up further for the June q while extracting some efficiencies..
 
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