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21.5¢ red river resources limited

Ann: Far West recoveries exceed expectations, page-31

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Zeeshan

2,999 Posts.

113

27/03/19

15:08

Post #: 37902045
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Originally posted by neptune61: ↑

Zeeshan, here is a simple question for you. Do you understand that Cash at Bank has NO BEARING on a companies profitability? Thats right, NONE WHATSOEVER! Current assets for a miner are made up of many things, this would include but not limited to Cash at Bank, Current Debtors Stock on Hand (both concentrate and unprocessed ore) and others. If you have ever run a business of any size (I have) then you understand these factors, to focus only on cash at bank, as you do, just displays your lack of understanding of running ANY business.
Neptune

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what was the C3 cost in last quarter? and in the previous quarters?

there is your answer for profitability. When do you think RVR cash in the bank will start to grow? give me a time line? sorry i should ask will the cash in the bank for RVR will ever grow?

I hope you never ran a Retail food group business cos that is what their business model has been based on.

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