Raleigh Finlayson sold the Red 5 asset from Saracen for $16 million.
Now Red 5 worth $830 million, with a plant and cash flow positive.
Now talk in the Australian that Genesis is about to move on Red 5.
Just shows what can happen with valuable gold deposits.
Above is not financial advice and my opinion only.
Ann: Australia Gold Conference 2023 Presentation, page-17
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