Improving fundamentals., page-3

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Gameplanon

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18/06/18

21:54

Post #: 33781800
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Originally posted by Penn ↑

I do dislike threads that sound, negative, I don't think holders have anything to feel negative about with RVR Yes we will get pushed about by sentiment on world markets, but with so much achieved and going to plan I am enjoying this ride on the 'river' just look at the positives for now!
Operational improvements occurring as activities transition for ore development to stoping. (at west 45)
The benefits of the additional production drill rig including an improvement in stope cycle times.
personnel are assessing blast design aimed at lowering cost and improving ore fragmentation and dilution
mining going forward is expected to occur below crown levels which are expected to be back filled with unconsolidated rock, which will improve overall ore delivery rates.
Upgraded high voltage switch gear to address power supply issues.
Transitioning from development to operations at West 45 complete, with mining rates ~1000t/day.
An external review is underway presently to assess changes to plant settings (air supply, reagent dosing etc) to improve recovery. etc.etc...

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Absolutely agree Penn, RVR has excellent fundamentals and the next 2 quarterly reports will prove it IMO.

RVR Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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Improving fundamentals., page-3

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