Australia's largest stock trading and investment forum Australia's #1 stock forum

RED

Click for more information

0.00%

34.5¢ red 5 limited

Ann: King of the Hills set for stronger March Quarter, page-45

First 45 Last

Share
Profile

Follow
Learner72

749 Posts.

41

17/02/23

12:06

Post #: 66308220
Share

Originally posted by MIStragic: ↑

Yes GF, just what RED realists were hoping for - this is a great announcement that addresses multiple issues and puts down all the hysterical counter narratives that call into question REDs viability, prospects and managerial competence.
A run rate of 200k oz p.a.+ by July at an AISC of less than A$1950 should cause the long awaited "rerate" resulting in a substantial increase in MC.
RED's outstanding short and long term fundamentals include a very clean asset base - the only minor unresolved issue perhaps is the old Darlot plant, which rest assured will be handled in due course by RED's superb BOD and management.
Needless to say, RED's credentials as a logical regional centre for Leonora consolidation rest on the efficiency and production expansion capability of the new KOTH plant - this has been given added credibility by this progress report.
Good luck to those who bought at 18c ... good riddance to those who sold and those "non holder" armchair catastrophists.
RED remains a strong BUY IMHO.

Expand

hi what are the hedge rates that red has in place anyone an where can this be found ?. Sorry learning just heaps of pages to go through

RED Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

SPQ

Superior finds multi-lode shoot system at QLD's Steam Engine gold play

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

LDX

Lumos gains US govt support for study on FebriDx bacterial infection test

There are more pages in this discussion • 29 more messages in this thread...

First 45 Last

Add RED (ASX) to my watchlist