Sounds good. That first production is worth around USD200k. I note that there is still some tinkering required by the sound of the announcement.
Will the market react positively to this announcement? I hope so, because I doubled my stake in RED last Monday after they announced that things were on track in the quarterly report. Yeah I know I should have done this when the price was lower, but I have become a chicken hearted investor since the GFC taught me a few lessons (ouch).
GL all RED investors, especially the long term holders.
loki (RED to hit $3.00+ in 2012)
first gold, page-2
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37.0¢ |
Change
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Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.8¢ | 36.5¢ | $9.880M | 26.69M |
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| No. | Vol. | Price($) |
|---|---|---|
| 12 | 594299 | 36.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 729768 | 8 |
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| RED (ASX) Chart |