RED 8.20% 33.0¢ red 5 limited

Black swan rising, page-3

  1. 2,412 Posts.
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    It's important to keep the A$ gold price in mind when evaluating Australian producers. Costs are denominated in A$. With the major oil producers all in terrible budgetary positions, the option of withholding oil from the market to push up prices is not available, so nothing short of real war, will restrict supply and push miner energy costs. So record profit margins for Aussie gold producers should continue. The threat of impeachment is grist for Trumps mill. Itv cant succeed as the Republican majority in the senate have said it wont get to first base.
    RED's 30c support remains intact, while other (former) market darlings like SLR wither on the vine, and the continued good buying support would seem to indicate the investment world sees the upside in the story. The next big announcement may see a retest of the 40c resistance (?), hopefully before Santa come down the chimney on the 25th December.
 
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33.0¢
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0.025(8.20%)
Mkt cap ! $2.244B
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32.0¢ 33.5¢ 31.5¢ $12.73M 39.16M

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16 1931022 32.5¢
 

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33.0¢ 748069 3
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
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