RED 2.44% 42.0¢ red 5 limited

Red Gold, page-28

  1. 748 Posts.
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    Looking good Cheynne. IMO as soon as the mill comes off maintenance (and it could have already done so) they will ramp up production to nameplate and continue while they can feed it with adequate ore supply. Don't think this will be a problem as ore is presently being mined from stage 3 in "good quantities". Nameplate at 3.2 g/t pumps out over 8,000 oz/month. Costs decreasing, PoG rising, weather holding, all the ducks lining up. Use your imagination to where this will take the SP.
    My opinion an should not be used for investment decisions.
 
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