RED 0.00% 34.5¢ red 5 limited

Ann: Quarterly activities report , page-8

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  1. 492 Posts.
    - 5 mil cash + 8 mil credit facility = 13 mil funds available
    - Steady state cash costs <$400 ounce and total costs < $700 ounce have been previously announced
    - My suspicion that there were/are systemic problems with the mining contractor have been shown to be correct
    - The forecast for next quarter is for cash inflow of 2.5 to 12.5 million
 
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