CASH POSITION
As at 31 March 2017 the company has $33.1m in cash (as per companies most recent release)
How much of this money will be burnt over the next few months on
A. Plant Startup and Mining
B. Exploration
ie; how much of the $33.1m will be left by 30/6/18
Also what sort of Net Profit will be made in the first 12 months of production (BEST ESTIMATE) to 30/6/18? How much of this money will be used on exploration and infill drilling/resource delineation, LOM extention, possible plant maintenance or additional plant costs ?
What I'm trying to ascertain is what sort of cash position will RVR be in 12 months time.
Can I be confident in outlaying my hard earned. I see many target prices over 30 cents on assumptions of ZInc being over 1.25c for FY2018 and $A sitting around 73c
FOOD FOR THOUGH and happy for followers of RVR to chip in and give me more confidence!!
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