Ann: Trading Halt, page-48

Safe Haven buying has put a floor under PMS prices, with silver up 8% (albeit from a low base) and Gold breaking above VIP US$ 1700 resistance.
But until the POG establishes US1750 as firm support, this can't be regarded as a trend reversal with sustainable momentum.
The A$ POG ascent above 2600 (less than 10% from all time high), if sustained, should ensure most god producers are profitable
With the credit squeeze tightening, M&A swill gain traction, to get 'idle ounces' processed (e.g SBM supposedly has 87ys of resources at current SBM processing capacity) .... let's hope a win win outcome emerges from this random somewhat irrational process.

RED's September quarterly should soon be released, and will be somewhat disappointing for "loyal shareholders" (LSH), still somewhat stunned by the out of the blue CR. But LSH (like me) should have given more weight to SLR signalling of "labour and COVID operational issues" with SLR's first quarter report ... didn't see that clearly enough through my red coloured glasses.
But, now that all the "dirty washing" has been aired, and funding for full commissioning and further expansion secured, this 16c SP should (!!) be the nadir, and a slow but assured SP strengthening now occur. Surely, the SP will have a 30c+ value by the end of the 23' March quarter ? POG allowing.
RED has indicated that not until full commissioning in the December quarter will they announce FY23 production targets .... so, the March quarterly will be VIP for the SP and the standing ! If RED can gain further ore sources then expansion to 8mtpa is entirely possible, in several yrs.
So, LSH's, hold - RED's progress should be a much smoother more predictable from here .... POG permitting. .... IMHO .... DYOR.

"Gold and silver prices are posting strong gains in midday U.S. trading Monday. Silver is out-performing and scored a six-week high, while gold notched a three-week high and poked above the key $1,700 level. The two precious metals are catching a solid safe-haven bid as the global stock and financial markets remain jittery, as media outlets are focusing on a desperate Russian president that may resort to using nuclear weapons in his war with Ukraine, and amid bullish outside markets that see higher crude oil prices and a weaker U.S. dollar index on this day. December gold was last up $27.40 at $1,699.20 and December silver was up $1.516 at $20.555."