If you haven't pick up on the guidance from management they always over estimate
LOL, their original estimate was $1350; they're not even close. And next year's AISC is estimated to be $2100 at the top end. That's even more than this year's estimate, during which they were bedding in a new mill.
Out of the Top 20 Producers we are the only share below $1
What a meaningless comment. Share price alone has nothing to do with the worth of a company. If RED consolidated shares at 10:1, you are saying it would be worth less because the share price would then be more than a dollar? How long have you been in the share market for?
RED Price at posting:
19.5¢ Sentiment: Sell Disclosure: Held
