How many shares does MW have? Is he putting his money behind this? Commitment? Banks own RED. And koth is not in the bag just yet. People talk like it's a sure thing. Be aware that shambolic companies will stuff up everything - so it's not just down to the POG. My guess is they'll need more money for koth or general working capital, especially if POG takes a dip. I note the interest on the loan is BBSY + a margin under 4% from memory. Therefore interest rates are another risk. Mandatory hedging too - the fun continues. Total shambles.
Deflation is a risk for gold too - so now is not the time to own high cost or high risk producers despite all the commentary about the FED.
- Forums
- ASX - By Stock
- RED
- Ann: Diggers & Dealers Mining Forum presentation
Ann: Diggers & Dealers Mining Forum presentation, page-37
-
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RED (ASX) to my watchlist
|
|||||
Last
41.0¢ |
Change
0.010(2.50%) |
Mkt cap ! $2.789B |
Open | High | Low | Value | Volume |
40.0¢ | 41.5¢ | 39.5¢ | $14.51M | 35.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 199100 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.5¢ | 1264685 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 199100 | 0.410 |
13 | 935711 | 0.405 |
18 | 1397255 | 0.400 |
11 | 399836 | 0.395 |
19 | 610905 | 0.390 |
Price($) | Vol. | No. |
---|---|---|
0.415 | 934449 | 20 |
0.420 | 1269154 | 26 |
0.425 | 718783 | 11 |
0.430 | 1802260 | 14 |
0.435 | 706081 | 11 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
Featured News
RED (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online