Management said PFS delivery in August. Didn't expect it to be...

Management said PFS delivery in August. Didn't expect it to be on the first day. This is the paradigm shift that was expected. Key points is delivery of first pour at the end of CY 2022. MW's project management credentials suggests that this delivery will be well ahead of schedule. Secondly, this a brownsfields development with KOTH having successfully and economically produced large quantities of gold in the past. This project should be an extension to this, only better. And lastly, management suggests that this will be funded by organic cash flow and debt, avoiding any dilution of shareholder equity.
Read this PFS in conjunction with the ERA report. RED is destined to have a MC of over a $A billion within a few years. And as far a takeover by SAR, would suggest management are smart enough to have a non takeover clause in the purchase of KOTH contract.