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34.0¢ vault minerals limited

Ann: King of the Hills set for stronger March Quarter, page-11

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Undaunted

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15/02/23

10:01

Post #: 66254718
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Originally posted by MIStragic: ↑

Yes GF, just what RED realists were hoping for - this is a great announcement that addresses multiple issues and puts down all the hysterical counter narratives that call into question REDs viability, prospects and managerial competence.
A run rate of 200k oz p.a.+ by July at an AISC of less than A$1950 should cause the long awaited "rerate" resulting in a substantial increase in MC.
RED's outstanding short and long term fundamentals include a very clean asset base - the only minor unresolved issue perhaps is the old Darlot plant, which rest assured will be handled in due course by RED's superb BOD and management.
Needless to say, RED's credentials as a logical regional centre for Leonora consolidation rest on the efficiency and production expansion capability of the new KOTH plant - this has been given added credibility by this progress report.
Good luck to those who bought at 18c ... good riddance to those who sold and those "non holder" armchair catastrophists.
RED remains a strong BUY IMHO.

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AISC is a meaningless statistic in the current market. Most producers look good on a AISC basis, but very few make money once all costs are thrown into the mix

RED Price at posting: 18.5¢ Sentiment: None Disclosure: Not Held
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2 Great analysis

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(20min delay)
Last 34.0¢		Change 0.015(4.62%)		Mkt cap ! $2.329B

Open	High	Low	Value	Volume
34.0¢	34.5¢	33.0¢	$5.261M	15.49M

Buyers (Bids)

No.	Vol.	Price($)
6	436484	34.0¢

Sellers (Offers)

Price($)	Vol.	No.
34.5¢	964447	6

View Market Depth

No.	Vol.	Price($)
6	436484	0.340
18	865499	0.335
14	653508	0.330
9	449545	0.325
8	290500	0.320

Price($)	Vol.	No.
0.345	964447	6
0.350	944842	15
0.355	112817	5
0.360	668399	6
0.365	389682	12

Last trade - 16.10pm 19/11/2024 (20 minute delay)

VAU (ASX) Chart