Overall very very sorry for all holders - and a very disappointing outcome for RVR
Interesting and somewhat Ironic to see that Iltani Resources (led by ex-RVR Director Donald Garner who from memory exited RVR some 4-5 years ago) appears to have now acquired the Herberton Project from the RVR administrators. Herbarton had key targets being Orient and Isabel.
Orient had potential to being a very promising Ag-Pb-Zn-In exploration play (last drilled in 1988) and Iltani also now get copper exposure from Isabel which had extended massive sulphide copper targets plus other critical raw materials via high grade indium deposits and high grade Antimony Reward deposit (last drilled in 2008).
It will be interesting to see what Iltani do this year with these assets and if they can extract the vlaue that they seem to elive exists
RVR Price at posting:
7.3¢ Sentiment: None Disclosure: Not Held
