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7.3¢ red river resources limited

Relative performance, page-2

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MrGrey

46 Posts.

15

07/07/21

09:22

Post #: 54332654
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Originally posted by Whisky49: ↑

Now that FY21 is finished I thought I would have a look at where our commodities and shareprice were 12months ago compared to now in % +/-

Commodities compared in $AU:

GOLD down 12%
SILVER up 30%
ANTIMONY up 60%
COPPER up 39%
LEAD up 18%
ZINC up 33%

SHAREPRICE Up 215%

Anyone thinking our shareprice hasn't reflected the boom in commodities needs a rethink, the more relevant question IMO is how much it will reflect over the next 12 months , we will know for a fact in a year, in between its open season for rampant speculation as always..

The main takeaway for me is this FY has started with all commodities ,with the exception of GOLD, considerably higher than a year ago and ANTIMONY/GOLD from METZ set to contribute at some point this FY. Liontown may get started this FY but is mainly a FY23 and beyond consideration.

Cheers Whisky

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Hi Whisky,

Thanks for your post.

Relative to performance, i have a question.
Sould this new deposit near Highway Reward become a very viable deposit, do you know if it could be mined under any existing mining lease or added to the upcome lionstown lease?
The answer could have a very big difference on FY22/23.

RVR Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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