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7.3¢ red river resources limited

I think this quarterly will be fine here are the averaged Zn...

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10/01/20

11:50

Post #: 42317824
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Originally posted by whisky49 ↑

Well we will find out the production numbers soon enough, although it's already been flagged that production will likely be in the 90,000 T range this quarter or similar to the previous quarter. One would expected grades to be better....IMO the main thing to watch for in the quarterly itself is C1-3 costs , they should and need to be heading back down.

Expected spend for the quarter was $25.2m which includes around $4m in development and exploration spending. If our revenue could match or exceed that it would be a good result IMO given they transitioning between mines. Last quarters revenue was $21.1m on a very disrupted quarter yet they still managed to get an unaudited EBITDA of $3m..

Cheers Whisky

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I think this quarterly will be fine here are the averaged Zn prices daily, calculated monthly for the months of the Q are as follows .

RVR Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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