RVR, yet another great write up this time in Small Caps. Second on the detailed list, with our nemesis further down (mind you also a good summary)...... my roughie lies in Peru next door to BHP
Next off the mark is Red River Resources’ Thalanga zinc project in Queensland, with its mill completing ramp up ahead of schedule in the September 2017 quarter.
With an estimated annual zinc production of 21,400 tonnes, the company is anticipating “imminent” first cash flow from concentrate sales.
Meanwhile, Red River Resources is working on proving up resources at various other targets in the project area.
First delivery completed on 10 October 2017 so bring on the cash!!