If anyone is interested in seeing where Red 5 is heading over the next five years go back to 2005 and follow SAR's story into the mid tier gold producer arena.Took them a few years to get it right, but they did. I can assure that with what SAR started with compared with Red's experienced management team and assets, Red' journey looks much, much,more compelling. SAR 's share price in 2005, 10 cents, ATM, A$2.70 ? IMO Red will smash this in the next couple of years. The key catalysts will be the onsite processing plant (would like to see 5mtpa capacity) and low cost, low grade, open pit ore blended with high grade bulk stoping ore from UG.
If anyone is interested in seeing where Red 5 is heading over...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
33.0¢ |
Change
0.025(8.20%) |
Mkt cap ! $2.244B | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $12.73M | 39.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1931022 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 748069 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |