Absent for a week and most likely never to return. Expect him to reappear as another poster, so be wary of anyone suggesting management has done a good job getting Red to where it is today with its state of the art mill and long life mine.
the cash burn is phenomenal, and I wonder if any corners were cut in the plant's manufacturing. It was a fixed price contract and company awarded the contract would have taken a significant hit in construction costs.
Who really knows.
- Forums
- ASX - By Stock
- RED
- Ann: Completion of fully underwritten $90 million equity raising
Ann: Completion of fully underwritten $90 million equity raising, page-61
-
- There are more pages in this discussion • 224 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)