RED 3.17% 30.5¢ red 5 limited

37.5 cts, is it serious doctor?, page-38

  1. 2,383 Posts.
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    Nonsense - NOT GOING TO HAPPEN !!! GMD is NOT equal to RED - in a market shakedown, KOTH remains central to further logical consolidation in Leonora, BUT BUT BUT .... KOTH ounces are cheaper, relatively high grade and accessible, with a very long life (and open in all directions), whereas Gwalia Deeps "high grade" remain very very deep and hence expensive to extract and get to the surface (90 minutes by truck).
    RED has plenty organic growth potential, and an MD renowned for sensible, company maker, M&A's .... and he used to be Raleigh's boss.
    The pupil may have become a master, but the master remains a master FFS. Cool Hand is one man, and must have the backing of his BOD and major shareholders, so whats good for Cool Hand must be good for RED .... get it ??
    Cool Hand is wealthy and wants to retire a legend with his last deal his crowning glory .... bank on it IMHO.
    LT haters have got to get over this childish obsession with demonising LT and not recognising his accomplishments in very difficult and changing circumstances .... he's staying till Big RED is a success, and his chosen successor (as MD) is recruited for a very long term stint at Big RED.
 
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