(Sounds like you know the personalities involved, Lol?).
Over time, when the doubters see RED producing gold, RED itself can emerge as a significant and important gold producer. In its own right, with a market following independent of any others RED share price will also trade at a premium to whatever the days gold price is, its now up to RED to do the development work and start that process.
(Even though I personally can see great complementary synergies between the 2 groups).
The one thing that I have seen over and over again in the mining industry is there are often great complementary skills or assets about, and yet things don't work out due to personalities or even political influences (another perfect example is BHP's/RIO iron ore assets but many want to kill that concept too, even though both parties want to do a deal!).
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Last
36.5¢ |
Change
0.005(1.39%) |
Mkt cap ! $2.482B |
Open | High | Low | Value | Volume |
36.0¢ | 37.5¢ | 36.0¢ | $8.768M | 23.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1439618 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 357787 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 1439618 | 0.360 |
14 | 1345165 | 0.355 |
21 | 438420 | 0.350 |
30 | 1704174 | 0.345 |
28 | 2052253 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 357787 | 9 |
0.375 | 2276971 | 23 |
0.380 | 1955251 | 27 |
0.385 | 1310794 | 12 |
0.390 | 1115173 | 18 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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