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21.5¢ red river resources limited

so you are saying the cash burn will stop once Far West is in...

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Zeeshan

2,999 Posts.

113

27/03/19

12:46

Post #: 37899704
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Originally posted by Stefan11: ↑

Lol
Im sorry but you guys are funny.
Many of you pointing to the cash burn etc, like I mean are your eyes closed as to what the company is doing? It's using money to continue exploration and mine development. Obviously they don't have huge profits to increase cash position with that is coming in and going out for these works but the zinc price has been lower over the past few months and lots of money has and is going into mine development and exploration.

Once mine development stops and theY are pushing ore from both mines through the mill there will be cash generation as that is pretty obvious, let's wait till then and be worried when there is no cash generated at that point, yes???

Maybe you should have gone to specsavers....

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so you are saying the cash burn will stop once Far West is in operation?

how are you going to fund liontown?

may be you need spec savers as the POZ has gone up 30% while RVR continues to go down.

i wonder why.

Last edited by Zeeshan: 27/03/19

RVR Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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