Hi all - Interesting article in The Australian by Barry FitzGerald : https://www.theaustralian.com.au/business/*/barry-fitzgerald-small-cap-check-exploration-under-way-check-next-stop-the-big-time/news-story/dd53ad70598ed977cbc3ac1a7c04494c
Best take away from the article relates to Copper Prices. Barry's take on that quoted below:
"The price remains at historically high levels and if a producer can’t make money, with the revenue-boosting benefit of the low US exchange rate, then it really should have a good hard look at itself, or its project."
Where does this place R3D?! Are they on the cusp of becoming cash flow positive or will it be another false dawn for shareholders?!
I look forward to reading all your input both positive and negative.
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