RVR 0.00% 7.3¢ red river resources limited

Just having a quick look at last quarter compared with this...

  1. 13,392 Posts.
    lightbulb Created with Sketch. 4560
    Just having a quick look at last quarter compared with this quarter regarding ZINC prices on average , they are down approximately 12% to date this quarter, in A$...obviously that leads to lower revenue but on the other hand this quarter and the following quarters should see higher throughput in the mill and those efficiencies combined with much reduced development expenditure for 45 West will lead lowering production costs...pretty neutral most likely, be interesting to see how it pans out this quarter, but nothing particularly alarming IMO , as always it's better when the ZINC price is higher .

    Cheers Whisky
 
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