I'm completely new to RVR. Spotted what seemed to be an excellent quarter. To paraphrase @beconstructive, it was an excellent quarter so why isn't the price higher ? Thats what brought me to the thread. The market can get things wrong but often the collective activity knows more than an individual. We are all looking for when the market is wrong. If the quarter can be repeated for a year EBITDA of $30m+ on current market cap is possibly cheap (not if mine life about to end). If it can be repeated over a 5-6 years (mine life & new development question), then its a screaming bargain.
If i know what the market doesn't like (or has just not seen) I can decide if i have a different opinion.
Many of the issues mentioned are generic risks for the sector and not specific to RVR so they are not the reason.
The most important issue is people - who is involved and are they known, liked, trusted by the market.
Looks very interesting. I'll do some more reading.
RVR Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held
