Zero debt
Cash on hand $17 million
10 year mine expected to mine 849000 oz. gold with OPEX costs around US$400/oz
Further exploration at Mapawa and St Nino targets to further increase resource
projected cash flow from here on - cash is king!
Currently trading at $75 million market cap - meaning an EV of less than $60 million
HUge huge potential
A no brainer buy for me - one to hold for grandkids
above all IMO
why this is a HUGE buy
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $2.686B | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.0¢ | 39.0¢ | $9.181M | 23.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1243803 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 139143 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |