RED 0.00% 34.5¢ red 5 limited

conversation with ge, page-10

  1. 369 Posts.
    re garrye, at least we are aware of the risks (or at least most of them) at this point. Can't see the company providing that much detail on a weekly basis, especially as, if it goes pear shaped over the next few months (rain or other unforeseen circumstances), they will be telegraphing a capital raise = share price tanking even further. This is very much a fingers crossed that all goes well for the next three months as the silt situation is rectified, production re-commences at the required run-rate and desired cash flows are achieved. I have modeled RED in quite some detail, and totally agree with prior posts re value. This is a +$4 stock (using A$1500/oz gold price) if it all comes together from here. Risk and return I think its called.
 
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Currently unlisted public company.

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