RVR 0.00% 21.5¢ red river resources limited

Needle,Whilst I agree with some of your comments production...

  1. 603 Posts.
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    Needle,

    Whilst I agree with some of your comments 
    production isn't about to almost double. See 6/8/18
    presentation page 10. It will add to production initially
    and then ramp up to cover West 45 decline. 

    Also cash position maybe the focus for small retail investors
    but I am certain funds would have a more longterm outlook,
    a more detailed assessment of a company and would apply
    the same metrics to all companies and not just RVR cash
    position. 

    Personally I believe the reporting is excellent. Not sure how
    any small cap can't report cash position as it is part of 
    quarterly 5B. ( Possibly because most small caps have next
    to no money to report.)

    Anyway looking forward to the quarterly next week to see
    how RVR have performed. I agree with you cash balance may
    ease a little given cashflow and additional development 
    costs ( raise bore ) this last quarter.





 
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