RED 1.81% 40.8¢ red 5 limited

+$8 Mill in the bank to tide them over, 6 thousand oz production...

  1. 1,030 Posts.
    +$8 Mill in the bank to tide them over, 6 thousand oz production per month (approx $10 mill gross income p/m), sovereign risk at all time low what's not to like about RED at the present
    Should have the drawn down facility paid off safely within 12 months at a lazy $1mill a month

    We haven't had a lot of "luck" getting this mine up and running but hopefully that's all behind RED now

    Imagine how everyone would have bagged the Directors & management for not having the foresight to plan for these contingencies but appears they have
    Sometimes we have to give credit where credit is due ;)
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
40.8¢
Change
-0.008(1.81%)
Mkt cap ! $2.772B
Open High Low Value Volume
40.0¢ 41.0¢ 39.5¢ $2.204M 5.475M

Buyers (Bids)

No. Vol. Price($)
50 1024499 40.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 937706 55
View Market Depth
Last trade - 11.35am 19/07/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.