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7.3¢ red river resources limited

Ann: Trading Halt, page-27

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21/11/21

13:01

Post #: 57732166
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Originally posted by Whisky49: ↑

I can only assume that because the findings weren't announced by RVR on Friday they are concluding the final arrangements regarding amounts , payment timing and method used with TCM or whoever else may be involved , before releasing the outcome, I hope so anyway and we can then move on to the next chapter.

I think someone here had mentioned preiously that our offtake partners could get involved spreading payment over a longer period and enabling cash retention, will be interesting to see the final outcome but it has to be paid regardless...

Cheers Whisky

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I guess they could sell a royalty to the Take off partners or someone else to pay the royalty obligations and get back to were they should be if they had had the cash to make the payments when they were due.

RVR Price at posting: 21.5¢ Sentiment: None Disclosure: Held
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