RED 2.44% 42.0¢ red 5 limited

92 mil market capp, page-6

  1. 225 Posts.
    lightbulb Created with Sketch. 10
    The cash flow will come if they reach 6000 ounces per month and should give them a margin of $900 per once at current gold price.
    If you read progress report dd13 th March from new GM you will see he's looking to mine an area not at pit bottom, in times of high rainfall in the interim period.
    I think this is the first possative effort to solve the problem we have had for 12 months.
    Who cares if directors are buying shares or not, that's included in GM salary option package anyway.

 
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