Hoping it is not the latter.
I am expecting R3D to get production going fairly soonish.
I do not think the principles would have chucked $$$$ in if they did not reckon it will come back to them. Maturity for their notes is at much higher prices.
Staying afloat and getting decent cash flow is key here. I think they have the correct minerals and probably sufficient in gound reserves, with more to be proven, that will make R3D profitable.
Hoping, hoping, hoping
Hoping it is not the latter.I am expecting R3D to get production...
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