RVR 0.00% 21.5¢ red river resources limited

Not quite sure I follow thiese annualised revenue estimate of $...

  1. 603 Posts.
    lightbulb Created with Sketch. 79
    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.





 
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