Let's face it if that's all that is being reported in the local media then that is a massive result and win for RED.
Believe that the co's decision to be upfront with it, go into trading halt/suspension, and be transparent with what has happened, has benefited us shareholders and kept the local media reporting down to a minimum.
Have seen so many instances like this blown up by mismanagement and by NGO groups misrepresenting the reality on the ground.
Great result to see proactive management of the situation has limited potential shareholder losses so far and lets hope that the actual issues with the tailings dam are now sorted out.
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