RVR 0.00% 7.3¢ red river resources limited

Just a casual passer by here, but imo RVR is relatively safe to...

  1. 129 Posts.
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    Just a casual passer by here, but imo RVR is relatively safe to market shocks.
    Not a spec stock on a high valuation, they're making money and increasing production through the quarters as they progress.

    Annualised based on last quarter they would make around 28m this year, puts them on a PE less than 10. Value here and good protection against future risks.

    All imo
    (and stay away from lithium atm)
 
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Currently unlisted public company.

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