RVR 0.00% 7.3¢ red river resources limited

Sunsmetals is the obvious refinery. However tolling charges are...

  1. 4,306 Posts.
    Sunsmetals is the obvious refinery. However tolling charges are dropping rapidly in China as refineries are now scrambling for feedstock given the falling stocks of ore. Don't discount the option of shipping to China - especially if global stocks keep diminishing. Always good to have options - usually miners get squeezed by the testes in these things but things are different now.

    RVR are certainly finding they are in the "sweet spot". High grade Zinc, a working mine and associated processing plant in 6 months, all infrastructure in place, local workforce, huge potential for resource expansion and the POZ continuing to go north. Can it get any better?

    Look forward to the share price being north of 40cents sooner than later.
 
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Currently unlisted public company.

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