RVR 0.00% 7.3¢ red river resources limited

We're on the same page Whisky. Well positioned for what many...

  1. 926 Posts.
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    We're on the same page Whisky. Well positioned for what many will see as luck imo.

    My takeaways - the first forecast jump in EBITDA margin is from Hillgrove, the second from filling Thalanga. Holding FX and sales prices constant, our margin jumps are generated by the new economies of scale in each business.

    It's not a done deal but how many small miners have that sort of self funded profit jump in front of them? None that I know of and I'm backing this team. Will be one happy camper if our self funded expansion generates $71m NPAT in 2023.
 
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