RVR 0.00% 7.3¢ red river resources limited

"Revenue during the quarter was $16.3 million, with $9.6 million...

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    "Revenue during the quarter was $16.3 million, with $9.6 million from sale of zinc metal in concentrate, $3.7 million from the sale of lead metal in concentrate, $1.2 million from sale of copper metal in concentrate and $1.9 million from sale of payable precious metals (gold and silver) contained in copper and lead concentrates."

    I'm well aware of that but we are primarily a ZINC producer and the price of it has the biggest effect, as we move to Far West lead reduces and Copper increases....gold could be interesting going forward...obviously if the price of all commodities go up life will be sweet...

    As per last quarter ZINC made up around 60% of the income , that of course will vary depending on when payment for the various components arrive not to mention grades....I estimate ZINC will provide around $13 -14 mil this quarter so if we use 60 % we would be looking at around $21-22 M in total revenues....

    Cheers Whisky
 
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