You touch on one of the most important aspects of RVR,s operations and that is its unhedged on future production, not just with GOLD but over all of its commodities and in a rising price environment , that's a fantastic situation to be in and the difference between our C 3 cost of US49c lb ZINC ( last quarter) and current prices of US1.25c lb means we have a lot of flexibility to remain that way.
It can't be overstated about how important that is ,especially when combined with no debt , adequate cash and increasing production from two plants ahead of us...
So we eagerly await the production report in early January when we can then apply Minings excellent spreadsheet to get a good estimate of how the quarter went..in the meantime we await the upcoming restart of Hillgrove., exciting times..
Cheers Whisky
RVR Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
