RVR 0.00% 21.5¢ red river resources limited

Plext,Thanks, couldn't work out the relationship to RVR. As...

  1. 603 Posts.
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    Plext,

    Thanks, couldn't work out the relationship to RVR. As RVR
    concentrate is road transported there may be delays with
    isolated flooding but that may be limited to smaller vehicles only.

    Anyway as long as mine and mill are producing Concentrate any
    delays will only affect cash flow not the longer term performance.

    The zinc price may ease on chart technicals after finishing at 
    another low but it has been a good run up. As you say in Aud
    terms zinc is still a good price. Hopefully it consolidates around
    these levels before another leg up.

    Although the forum has a few doomsdayers mainly based around
    current share price, imo the operations are going exceedingly well,
    and management are doing a great job considering the location,
    weather, macro influences and are balancing expansion and 
    exploration with cashflow to maintain a profitable debt free
    business. SP up from here.

    Have a good weekend,

    Wassa.


 
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