RVR 0.00% 7.3¢ red river resources limited

Cash Balance & Estimated Cash Flow???, page-74

  1. 3,551 Posts.
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    Not many was expecting a lot last qtr either and they surprised the market with another production increase, rise in recovery rates, exponential gain in copper production, a substantial income, profit and cash increase so I won't being betting against another reasonable result.

    A lot of small investors focus on the short term sp action. Long term investors focus on production, ore grades, reserves, cash generation, debt, geographical and geopolitical issues, management quality etc...RVR ticks nearly every box at the moment imo.

    One area that affects RVR is whilst they have good prospective ground the proven ore resources aren't that large... although they have shown to be capable of adding to reserves it does limit larger investors focus...imo they really need to attract a larger mining entity as a substantial holder for the sp to show its potential.

    Looking forward to the next quarterly.


 
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Currently unlisted public company.

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