RVR 0.00% 7.3¢ red river resources limited

Costs, page-28

  1. 816 Posts.
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    Thanks Neptune
    I got quite concerned late last year with efforts that appeared to be suppressing the share price. But since the announcement that production had commenced, trading in the stock has had a completely different feel to it. I am much more confident now and the fundamentals are now driving the share price.

    As you say management cannot be questioned and have done an excellent job. The recent Executive appointment can only enhance the team. I wonder if the they will one day look at acquiring other assets? They certainly seem to have the ability to manage a bigger operation. In the meantime, look forward to continued production, revenue and profits - and who knows some dividends?? Could be a stock to hold for a really long time.
 
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Currently unlisted public company.

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