RED 2.70% 36.0¢ red 5 limited

ann out rights issue to recommence prod , page-145

  1. 1,327 Posts.
    lightbulb Created with Sketch. 9
    Good point about pecking order happy cats, some positives about quarterly, cash costs down to $1100oz, good stuff.

    CJ may withdraw cap raising if big investors come on board. CJ may finally be getting the message about shareholder anger.

    So the question still remains unanswered, who or what caused the dam to fail?
    If the dam did not fail looks like we would be in a good position given reducing cash costs to produce.

    Come on CJ, get us out of this mess, why not just build the plastic lined pond, get 4 months cash flow, POG could rise steeply, big investors may jump in. Take smaller steps! By some time!, use the bag technology, buy some more time possibly a year.
 
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