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0.00% 7.3¢ red river resources limited

Ann: Red River Debt Free, page-3

  1. Whisky49
    13,392 Posts.
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    01/10/20
    09:49
    Post #: 47764814
    What a nice way to start the day and the quarter..

    Our net cash position at the end of the June quarter was a little over $1m , we had Gold payments and stock carry-overs of $ 3-4m so we will be debt free with cash on hand north of $5 m this quarter IMO, depending largely on how much was spent on development at Far West and the start up at Hillgrove vs income received from sales..good news which ever way you look at it and takes any possibility of a CR off the table IMO..

    Cheers Whisky.
    RVR Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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