Several companies are just waiting, doing nothing, for the better times, as they have no funds. RED has sufficient funds to bring us to production. This is outstanding and all credit is due to the RED management. We must also remember where they operate. This is not Australia where things (approvals etc) move pretty quickly according to a predictible schedule. We know when production is likely to begin and I am happy to wait for that, as I expect the sp will be somewhat higher than today.
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