RED 2.70% 36.0¢ red 5 limited

RED - Valuation and SWOT Analysis May 2019, page-11

  1. 748 Posts.
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    SBM sold KOTH to SAR in Oct 2016. Why has that Tarmoola pit been discounted out of each sale? Probably the primary reason would be the slip of the NE face in 2004. Can’t find any reference to say that it’s ever been cleaned up. This will have to happen to get the full potential of the resource. Guess Reds had plenty of practice cleaning up messes like this.
 
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37.0¢ 37.8¢ 36.0¢ $9.825M 26.88M

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