RVR 0.00% 7.3¢ red river resources limited

Hi Sweetsound,Good conversation, but I think management is best...

  1. 119 Posts.
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    Hi Sweetsound,

    Good conversation, but I think management is best placed to make that call.

    At firstyou can extrapolate production revenue at Hillgrove to 100koz pa. but theexpenses to upgrade the plant maybe so much that it could make a better optionto develop Liontown. All they haveto do is create the open pit as well as the trucking route and the plan alreadyexists with spare capacity.

    The way I see It, itis just a question to do the some and allocate.

    I think at thisearlier stage of Hillgrove production they would be still in the process of twiggingthe plan and sorting out their best option in regard to gold-antimonyconcentrate, a gold concentrate and a gold doré. Iam sure they did a lot of the work before starting production but only thenwill they know how to modify the plan if necessary and only then they can startby eliminating the bottle necks, upgrade, duplicate, etc.

    With regards to our share price, what anopportunity for anyone who has spare cash, this is real gold coming! No luckrequired here, just common sense!
 
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