Ann: Operations, production and guidance update, page-58

Not writing RED off yet. Havent sold, in any case it would be silly to sell today. However, knowing the worst case and best case scenarios help in not getting whiplashed if either eventualities happen.

If my worst case call at 0.11 does happen then she would be the best value gold mining small cap in the ASX. Per my post above this is second asset teething issues coupled with first asset stumble. Check out PNR and AMI its the very same issue fundamentally and both their SP is now in recovery.