RED 0.00% 34.5¢ red 5 limited

Lithiumlimp - I guess one issue with RED is where any future...

  1. 281 Posts.
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    Lithiumlimp - I guess one issue with RED is where any future growth might come from. The future share-price of this particular company might just move up and down with changes in the gold price (and pretty much replicate what other listed gold companies are doing).

    Given its current size, it's difficult to see it as a takeover target so it's future share-price would seem pretty much reliant on the gold price. It's processing plant seems to be running at or above nameplate so it's not obvious that much of a boost in production can come from enhanced processing at KOTH.

    I'm not being negative on the company. I'm just looking for something that makes it special in the mid-tier gold sector and I have to admit that I can't find anything.
 
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Currently unlisted public company.

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