The bids are slowly building up but its still amazing...

The bids are slowly building up but its still amazing circumstance that you can pick up stock in a company that has successfully completed a BFS with a strongly positive outcome at a considerable discount to NPV, and also the company holds just under half its price as cash!

Alphman, your idea of a roadshow is a good start, but actually RED needs to be continuously on the road telling the entire world about its situation - gold is the hottest commodity on the planet and has been for the past 6 months. In the hands of other entrepreneurs a company would be trading at a premium to the NPV, not a discount.

Dratoz makes a good point that the most likely way to see considerable upside in RED is to expect a takeover, and that is a real possibility for a smart bigger corporate. All the hard grinding work for Siana has now been done and its ripe for the picking for any bigger gold company.

I'm still of the view that RED's share price is ready to bolt, but what triggers it might be only the announcement of finance rather than the logical appreciation of the pen-ultimate stage to a major gold development that it currently sits at.

Its frustrating, but its gonna happen...