RED 8.20% 33.0¢ red 5 limited

Undervalued or overvalued?, page-70

  1. 748 Posts.
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    Ah yes MIStargic, you are preaching to the converted here. My main point in the post was that I was looking for one last entry point before the big push upwards. I have a sizable order in and was musing over the most likely low point over the coming few days. I would like the SP to keep heading upwards, but if it persists in dipping then I will swoop.
    Looking forward, processing and infrastructure design should be ready in 10 days. This will be followed by the expiry of Cables & Mission option in about 3 weeks. I expecting something special coming from this. Andrew Paterson will get a A$500K bonus if the JORC resource reaches 500k oz. Shows confidence to write this into the options agreement. I've always been impressed with the drilling results coming out of these prospects. Then for the big one in about 6 weeks, the completion of the mine plan.
    Plenty of work do do yet but I can see heads turning and feel confidence building.
 
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