RED 2.38% 41.0¢ red 5 limited

$40 cents club, page-981

  1. 268 Posts.
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    SuperGrass / MIStragic.... l agree entirely. We got the mill built at a price much cheaper than today. We got the loan to do all of this on the back of hedged future sales, but its done and dusted. Cash flow is better than anticipated and likely to grow, so why gripe? The future looks incredibly bright from where l sit and the hedges will be gone in 26 short months anyway. From my understanding, the merged entity will be much greater than the sum of its parts, yet people winge continually on both forums. Instead of sharing gloom and negativity, just sell up and move on. As l've said a thousand times, there is a lot more upside in Red's SP especially when the market finally realises we are sitting on a unique long life gold reserve in a very low leveraged position. The cherry on top? Our mine is in Australia, the most geopolitically stable nation on the planet.
 
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Last
41.0¢
Change
-0.010(2.38%)
Mkt cap ! $2.789B
Open High Low Value Volume
42.0¢ 42.0¢ 40.5¢ $11.39M 27.67M

Buyers (Bids)

No. Vol. Price($)
2 88526 41.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 1001030 9
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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
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