RED 3.90% 37.0¢ red 5 limited

Holdonman,Think you covered it.Only realy big issue is the...

  1. 466 Posts.
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    Holdonman,

    Think you covered it.

    Only realy big issue is the fianancier. Too be honest I am not sure they would like to go in as reciever and then sell the asset, in the Phlipines this would be a risky strategy.

    My guess is that they will leave their money in and force a raising, on fairly hard terms. Ie advance no further money. Personally I am setting aside some cash for a raising, can see how one can be avoided.

    In the end it still has the potential of a low cost gold mine.

    Good luck all.
 
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