presentation, page-2

Thanks Fastbuck, i never noticed this - actually not been i RED5 website for a lonnnnng time!
I notice the IRR is 83% at a gold price of US$850 - very exciting!

I note also the contacts as being:
Contact details
��Level 2, 35 Ventnor Avenue
��West Perth, Western Australia 6005
��PO Box 1911 West Perth, WA 6872

LOL - have you ever called the West Perth office and found someone able to answer a question, other than a shared secretary answer the phone and say that no one is presently in the office. "Oh .. he is in philippines, no he is also in philippines, no he is in adelaide, no i am not sure when greg will be back, same with lance. Their public image is first rate GARBAGE!!!

BUT the project will proceed, it will get developed and most likely be a very long life low cost operation, RED just won't get any recognition by the market until that happens cos they have got their heads in the sand. THAT is why we need a proper Corporate MANAGING Director, not a geo who has no idea how to be a Managing Director apart from take home a MD's salary!!!

It is an under-rated company, one day people will wake up to it! I remain a long term holder until REAL value is realised.