RED 6.25% 34.0¢ red 5 limited

Ann: Investor presentation, page-11

  1. 12,484 Posts.
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    Still no costs......... Guess it will be suck and see. I'm OK with that, there's likely to be a trade opportunity with a fast decision based on first production news before the analysts chew through it.

    I'll give Red5 v.3 a chance. If I wrote off all companies that had stuffed up there would none left to trade. So wish them well - again!

    A trivial point of interest, but I note that due to the construction of the HDPE lined containment they have cut short the creek by about 500m. That section may have needed to be engineered for uniform flow velocities, which it doesn't look like it has been. They will possibly find that the section immediately upstream rapidly scours out as the stream reshapes itself to neutralise the artificially introduced section of steeper gradient.
 
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