RED 0.00% 34.5¢ red 5 limited

I don't see the situation improving until they provide their...

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  1. 404 Posts.
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    I don't see the situation improving until they provide their quarterly updates. The March one may go some way, but imo, the June qtrly will shed more light.

    my expectations of March quarterly
    Gold production approx 40k - 45k with AISC of approx 2257 - 2035/oz (current thinking is production closer to 45k making AISC closer to 2035/oz)

    avg sale price for gold approx 2,525 in part because of 26koz being delivered into hedge at average price of 2,375.

    If the March qtrly comes in line as expected, then they will be set for the June qtr and expect share price recovery ahead of June qtr results. If the March qtrly is worse than expected, then who knows.


 
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