Zero debt
Cash on hand $17 million
10 year mine expected to mine 849000 oz. gold with OPEX costs around US$400/oz
Further exploration at Mapawa and St Nino targets to further increase resource
projected cash flow from here on - cash is king!
Currently trading at $75 million market cap - meaning an EV of less than $60 million
HUge huge potential
A no brainer buy for me - one to hold for grandkids
above all IMO
why this is a HUGE buy
Add RED (ASX) to my watchlist
 (20min delay)
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Last
32.8¢ |
Change
0.008(2.34%) |
Mkt cap ! $2.176B | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.3¢ | 32.0¢ | $3.496M | 10.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 1894016 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 1270919 | 32 |
View Market Depth
| Last trade - 10.30am 30/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |