RED 2.66% 48.3¢ red 5 limited

Maybe .... I don't think we'll see significant SP appreciation...

  1. 2,285 Posts.
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    Maybe .... I don't think we'll see significant SP appreciation till major announcements .... debt finance and Siana being the biggies. The recent EPC contract was just another piece of evidence that the KOTH campaign is in full swing, and barring the inevitable minor setbacks, will be delivered on time and under budget. The market will soon rerate RED (and its BOD and management) as the next (undervalued) mid tier producer.
    Meanwhile, financial cognitive dissonance continues on Wall St and the ASX. The DOW soars and the POG is up US$50 ?? Australia is being shutout off its major export market and the A$ rises ?? OMG .... thats what you get by being the pointy end of the IOUSA spear .... don't mention our defence .... worlds most expensive obsolete subs, worlds most expensive slowest fighter planes .... the Greenies will be pleased that coal exports will drop ....
    All this should be great news for gold .... so, my precious metal stocks, RED, GPR and G1A should thrive.
    https://hotcopper.com.au/data/attachments/2624/2624797-a61e924396529a1d7da1f41cd59be34d.jpg


 
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Last trade - 12.43pm 20/05/2024 (20 minute delay) ?
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