RVR 0.00% 21.5¢ red river resources limited

Ann: Record Quarterly Production at Thalanga, page-13

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  1. 87 Posts.
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    These are pretty respectable  figures for the Qtr. In a previous post i did say that I thought we may get more through the mill as we are mining the top levels, so a bit disappointing to see less mill throughput. But the Qtr shows that this is a well run mine with lots more capacity and this year will be able to ramp up a bit. Just looking at the figures and with the 1000 tonnes not sold from last Qtr probably adding to this Qtr I think that revenue should be about 20M +. The higher Zn Eq (10.1) should have a decreasing impact on the C3 costs as well. The company is doing a great job as this is still early days in the life of RVR. My opinion ,happy to hear other comments.
 
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