Whilst I agree with some of your comments production isn't about to almost double. See 6/8/18 presentation page 10. It will add to production initially and then ramp up to cover West 45 decline.
Also cash position maybe the focus for small retail investors but I am certain funds would have a more longterm outlook, a more detailed assessment of a company and would apply the same metrics to all companies and not just RVR cash position.
Personally I believe the reporting is excellent. Not sure how any small cap can't report cash position as it is part of quarterly 5B. ( Possibly because most small caps have next to no money to report.)
Anyway looking forward to the quarterly next week to see how RVR have performed. I agree with you cash balance may ease a little given cashflow and additional development costs ( raise bore ) this last quarter.
RVR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
