RED 2.38% 41.0¢ red 5 limited

My prediction after the merge is north of $1.00. It going to be...

  1. 530 Posts.
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    My prediction after the merge is north of $1.00. It going to be generating $500,000,000 billion dollars profit per year on current resource and budget. Likely after the merge further announcements on length of mine and grades will be released + Canada upside news will be released after the merge. Why do you think Luke says SLR shares merge with Red 5 shares @ 3.43 shares into the Red 5 Shares below a dollar is not beneficial for everyone. Its a no brainer, providing huge upside for all share holders in both camps. There is no other ASX stock on the market in Australia showing the same Cash generation and length of mine cheaper than $1.00. If there is please tell me as I would be very interested to know.
 
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