cap raising, page-3

Koolology, i agree with you that the more likely scenario is that RED is going to announce a major fund-raising to support the debt finance. Even if this blows out the capital structure (doubling it almost!) that is a preferred option since it means the project is a go ahead, and whilst the gold price remains high then the project will be very exciting.
Andy, i agree with your general sentiments about RED management but finally the project has progressed to a stage where despite their mismanagement and ill-decision making it should be a winner - and we are still looking at a very discounted share price, which is probably a reflection of investors attitudes of mistrust with these dipsticks!!!
In my opinion this stock is one of the best bargains if you can get on board immediately the halt is lifted - there are quite a few doubters sitting on the sell side at 12.5 cents and 13.0 cents.