He speaks a lot of truths and it is the Red5 management clearly who are not disclosing material fact to the markets on time. Trying to hide DEEP in a report production is not what they predicted and leaving it this late is not acceptable and ASX should put in an enquiry asking why.
Clearly they producing lower grades
Staff shortages
High Gasoline costs
Covid and border closures
and many more issues that all the other mines are having and knowing if they report this to market on ramp up of mine the share prices will plummet. Yet they have tried hiding it in this report and waiting until early next year to say hay we had a few speed bumps in the past but we are now running to full capacity.
I reckon they will sweep everything they can under the carpet until early next year from further reporting material fact to us on time.
With timing of the CR and not hitting full production and not disclosing to market when it is material fact, I am beginning not to TRUST management.
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