Some may see this as a buying opportunity when it gets out of trading halt
If your in for the long haul what's another few months ?
Isn't RED after all at least a year and some behind already from original plans ?
New tailings dam, possible insurance to cover losses
(yet to see?) still got at least 10 years of mining left and some depending on satellite ore bodies
It appears RED5 is travelling at it's own pace to full production and there is nothing we as holders or the "best" engineers money can buy can do to get it there faster it seems.
RED5 has had more than it's fair share of "BAD LUCK" getting off the ground so by the law of averages I see the next 10 years should be trouble free and profitable
At least one can live in hope ;)
Some may see this as a buying opportunity when it gets out of...
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Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $2.686B | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.0¢ | 39.0¢ | $9.181M | 23.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1243803 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 139143 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |