Ann: Resource and Reserve growth at Darlot Gold Mine, page-23

The peanut gallery should chill out after watching one of HC most respected commentators latest analysis .... which from now on will only be available to subscribers to his patreon page .... who can blame him ..... his bottom line is that events are very favourable for gold and he predicts A$2500+/oz is very likely .... which means that RED's latest presentation slide 21 (along with some others) will have to be rewritten .... despite the POG being bullish, the gold indices are lagging with the exception of SAR and NST of course .... perhaps reflecting concern about the very toppy sharemarkets ??
RED will remain a very profitable, as a pay as you go explorer / brownfield developer and is very likely to present a very compelling FFS to the market, hungry for undervalued (real) producers .... and at these gold prices, RED should have little trouble obtaining finance for its second gold plant at KOTH or finding a partner in a M&A deal. The latter must occur at some stage to attract long term international institutional support, as reflected by membership of the GDXJ (which NST and SAR are major members).