RVR 0.00% 21.5¢ red river resources limited

Ann: Half Yearly Report and Accounts - 31 December 2018, page-18

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,294 Posts.
    lightbulb Created with Sketch. 147
    There is absolutely no way they have enough time to develop to the bottom of the stoping block to mine bottom up, if they anticipate production kicking off within 8 months.

    That would require a vertical advance rate of far beyond >150m pa, well beyond industry benchmarks of sustainable advance rates in the order of 70m pa.

    That point alone invalidates the rest of your argument.
 
watchlist Created with Sketch. Add RVR (ASX) to my watchlist

Currently unlisted public company.

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