Even if you take a conservative view and assume Zinc LME Warehouse levels continue to increase and the spot price decreases - the company is still severely undervalued...
1) They're in production and cashflow positive.
2) They have several expansionary initiatives in the pipeline with new maiden JORC's to be announce in this CY.
3) Rock infilling will be the method utilized moving forward so the associated costs with cement infilling will cease.
4) The next qtrly is already ahead in revenue because of the technical timings of the previous quarterly and the cash that was received that missed the cut-off.
5) *Knock on wood* no major weather events that will reduce operational time.
RVR NAV, page-20
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)