RVR red river resources limited

soon to be a target ?

  1. 11,547 Posts.
    lightbulb Created with Sketch. 1163
    It seems i was not the only person thinking that the private equity takeover bid for ATE (formerly MUX) who have the old northern assets of Kagara bodes well for RVR. If it becomes a contest between two suitors will RVR then emerge as a target? Remember RVR has a larger measured resource than ATE and ATE's mill needs a large spend (about $40M ) to get it operational whereas Thalanga probably only requires about $10M for a restart of the plant . Below is  an excerpt from this morning's Australian
    Screen Shot 2015-08-14 at 5.43.06 am.png
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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