Ann: Annual financial statements , page-8

fastbuck

"if they car'nt get enough trucks in to shift ore i wouldnt be surprised to see 380000 oz.."

I would be very happy with that, but I suppose you really mean 38,000 oz. Believe it or not, 38,000 oz in 20012-13 would be enough to make the company cashflow positive, and provide a small profit.

The statement says what it says. They have activated their loan facility.

Goldies are going down today, overall. Nothing we can do about this except sell before the event. There is no reason for RED to go to 95 cents, but perhaps it could get back as low as $1.10 in the absence of good news and combined with a lot of market turmoil.

I believe they will start to ramp up throughput next month. Like many other companies they may release the quarterly report at the end of the month in which case they will let us know how things have improved.

"Don't worry. Be happy." says a famous song.

http://www.youtube.com/watch?v=d-diB65scQU

loki