wow wassa saw your amazing pic Gas dropped 2% today and still 6c...

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24/06/22

17:10

Post #: 62193053
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Originally posted by wassa: ↑

Not sure about mass exodus, the market across the board is disappointing but there not doing anything to allay any shareholder concerns .... given the all but non existent commentary in the last 6 months.

In the last 9 months we have seen Bakers Creek finish with roughly 1/2 the tonnage processed and 1/3 of the gold produced as first anticipated.

We’ve seen some of the highest AUD commodity prices for copper and zinc yet 2 qtrs had substandard production so RVR failed to take any advantage off.

We have seen Hillgrove further delayed even thou RVR has owned it for nearly 3 years, remembering it was purchased with a mining fleet, a mill on care and maintenance, development and stopes ready to produce from ... or so we were told.

This from the “Team of Operators” .... Well anyway, what’s left, we have seen both Mine General Managers leave .... Why ?.

Last year the Board and management remuneration was $ 3.7m, Mels share $942,000.

Some may see the above comments as negative but they are factual.

Rvr need a Board with more leadership, a CEO with more commercial acumen, and a revamped operations team ... than shareholders may do ok imo.

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wow wassa saw your amazing pic Gas dropped 2% today and still 6c under cap raise price, Got any other gems for us? or you just happy bagging the RvR management?

RVR Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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