Not quite sure I follow thiese annualised revenue estimate of $ 138.5m Most here estimated sales revenue of around $ 20m for the last quarter.....So 20 x 4 = $80m annualised sales. That's quite a difference.
Rvr are only selling zinc concentrate tonnage at around 55% zinc not pure zinc, nor pure lead etc.
One other comment for clarity, the development of Far West is not nearly completed and will continue indefinitely on incline development. Far West has only reached the first level of ore which still Is in the developement drivage stage. It will be sometime before ore stoping begins hence minimal additional production ore from Far West.
RVR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held