Anyone looked at RED ?
Market cap - 54m
Gold producing - estimate 60,000 ounce a year. Cash flow postive.
2016 revenue - 97m
EBITDA - 54m
Profit - 21m
Debt - Nil
Share price been hammered lately, but good chance to get in cheap shares imo. The company is also looking for addition acquisitions/projects.
Exploration it also on the cards with there exisiting projects...
DYOR
STT Weekend thread 28-29th, page-81
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