Some great posts on this thread, and mostly by new followers, great to see.
Your question about what the price of RED at the time of its first gold pour Bkiwi747 is exactly why I have continued to remain bullish on RED. IMO it will be worth more than its underlying fundamentals (based on NPV of its share of Siana), so if the price of gold doesn't stray much from present level it will be in excess of 30 cents, but even if gold heads towards US$1,000 it should still be close to 30 cents, maybe more!
As for Mapawa, I agree with your view Inaflap that Mapawa could completely change the underlying value of RED, but importantly Mapawa has NEVER been valued in the company's share price so any ordinary results shouldn't be a risk in its price either - otherwise we will get a bonus of a cheaper share price that will test my buying capabilities -for me it remains a steal at current prices!
absolutely crazy, page-7
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Last
37.0¢ |
Change
-0.005(1.33%) |
Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.5¢ | 36.0¢ | $8.665M | 23.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 418273 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 611282 | 24 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| VAU (ASX) Chart |