Clearly many SLR holders are unimpressed with REDs performance to date, but... they keep missing the biggest reason for REDs inherent value.
SLR board... has chosen to not change higher reserve bookings for years....
Anyway, the sector will soon have SLR/RED with 450k p.a. WGX with 400k+ p.a. I basically don't include the companies with oversea's assets, they are simply not going to get the same premium as W.A based producers.
I imagine RF down at GMD won't be happy about being well behind them....
Ann: Corporate Presentation - Gold Forum Europe, page-5
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $2.550B | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.8¢ | 36.8¢ | $13.81M | 36.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2044679 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 571259 | 6 |
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| RED (ASX) Chart |