Next weeks quarterly report will be very important to the share price of RED.If there has been good cash generation with the reduced stripping rate to fall from 8-1 to 3-1 and will underpin what should happen over the next 12 months to the cash generation possible.
We also need to get some positive drilling happening in the near mine envions if the land holdings are so valuable .
GLTA.
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- Ann: Red 5 2016 Annual Report-RED.AX
Ann: Red 5 2016 Annual Report-RED.AX, page-3
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