If reds pays the dividend as stated in a previous ann, at the current sp price this is about 12%, not to be sneezed at ,the only risk in red is fear in the market and the price of gold, if gold goes to $1000 red will still be a debt free cash cow, 70000 oz per anam @$1000 = $70 000 000 less $400 to digs the stuff up =$42 000 000 net profit, not bad coin if you ask me...........
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- dividend yield equates to 12%
dividend yield equates to 12%
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