big order, page-22

Fastbuck you are WRONG!!!

BUT unfortunately what you are wrong with, is not positive! You are WRONG that the directors will seek shareholders to approve a pay rise. They will have already given THEMSELVES a pay rise, and will assume they have done all the work and put in the hard yards to justify a pay rise!

I do recall many years ago at a RED agm that the chairman of the remuneration committee at the time made comment that the directors will get bonuses when they deliver "milestones". What a joke, those "milestones" are just part of the work process that these idiots have been paid extravagant salaries for ever since! I wouldn't mind betting that they have all given themselves pay rises in the past 6 months, from soon after getting the big $35 million capital raising into the company! We will see if that is corrent in the next yearly financial report due out in a couple of months.

In regards to the price of RED in 2 years time, it all depends if these incompetents can get this project into a development mode. IF the project gets the go-ahead THEN it will be an extremely good investment, for even Fastbuck and myself despite the time held - that is why i have kept my shares for such a long time, and i suggest it is why Fastbuck continues to hold as well. Right, Fasbuck?

As for what the directors of RED should get for having delivered that (hoped for) share price increase in a couple of years time - they should get the boot now!