RVR 0.00% 7.3¢ red river resources limited

RVR Market Valuation, page-10

  1. 13,412 Posts.
    lightbulb Created with Sketch. 4567
    "With development of Far West due to be completed this quarter (estimated $3.7m cost for Dec qtr) and production to commence immediately after, ramping up to nameplate capacity of 650kpta throughput (currently 325kpta);"

    Should be a good quarter but we need the price of ZINC in A$ to move up to really get things moving...regarding the above, the nameplate capacity is unlikely to be reached going by RVR's own numbers, as can be seen in the chart below...plan on 4-500,000 TPA and look for a longer LOM IMO..

    Cheers Whisky

    Screenshot_20190125-201255.jpg
 
watchlist Created with Sketch. Add RVR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.