RED 12.3% 32.0¢ red 5 limited

Missing the big picture - massive upside, page-4

  1. 1,327 Posts.
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    Shown below is a table of gold sold since start of production; the open pit ore reserve is stated as 322,000 oz; the open pit mine life was stated as 5 years; tailings dams 3 & 4 were designed for 5 years storage capacity that was before the "innocent mistake".

    Only 9% of the open pit ore reserve has been used up; still 4.6 years of open pit life left according to the 2014 ore reserve statement; Mr Dumpleton any comments?

    It's nice to have a beefy looking ore reserve & resource statement and it is a good selling point but is it accurate? At least the forecast for 2015 are more realistic but they are low; the old problem of silt in pit has reared it's ugly head yet again.

    Gold sold.png
 
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32.0¢
Change
-0.045(12.3%)
Mkt cap ! $2.176B
Open High Low Value Volume
34.0¢ 34.5¢ 31.5¢ $21.62M 65.95M

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No. Vol. Price($)
1 3000 32.0¢
 

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Price($) Vol. No.
32.5¢ 674965 9
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Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
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