Ann: Outstanding drilling results at King of the Hills, page-5

Yet another boost to KOTH enormous profitable longevity - nice extra spice for RED's Diggers presentation.
The whole sector is out of favour despite the strong gold price, especially in A$. The likelihood of continuing high interest rates for the foreseeable future, means the cost of capital and the perceived risk (by bankers) will ensure a continuing credit squeeze for wannabe miners.
This means established infrastructure has added value and importance - KOTH is big, modern, expandable and has superb economical energy costs and transport infrastructure which makes it a very attractive entity for regional consolidation.

KOTH's own expanding reserves and resources is more than enough for the current production capacity for decades, but substantial further expansion can occur if further extraneous ore sources (in the Leonora district) become available.
It seems to me (and Raleigh I bet) that its not " if " but "when" KOTH will be at the centre of M&A to maximise its potential.

So, don't be daunted, the worm will turn as sustained high gold prices make many gold miners very attractive targets and then SP will then surge.
The Northern hemisphere gold mega companies are here to get relief from record hot summers .... they hear to hunt.
RED remains seriously undervalued and patience will be rewarded IMHO.