I would really like to see their figures. The 2007 BFS had LOM total costs of around US$385/oz. I'm expecting this would drop in the current climate, but let's assume US$400/oz. At US$850/oz spot price, that's an annual turnover of US$36m, assuming 80koz/yr avg. EPS is 0.5c. PE at 40c is 8. Still very conservative...and based on conservative inputs!
A lot of assumptions have been made here and a lot of factors not accommodated for, so DYOR, but this shows the potential that RED has. There's just a couple more hurdles to go, then we shall all reap what we sow. It's been a long time in the making, and a lot of disappointment, but as you can tell I'm getting excited, and I feel RED management are starting to turn this one around!
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I would really like to see their figures. The 2007 BFS had LOM...
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Last
35.0¢ |
Change
-0.020(5.41%) |
Mkt cap ! $2.380B |
Open | High | Low | Value | Volume |
36.0¢ | 36.5¢ | 35.0¢ | $3.637M | 10.28M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 1232084 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.5¢ | 509324 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 906770 | 0.350 |
23 | 792861 | 0.345 |
25 | 2017776 | 0.340 |
23 | 753669 | 0.335 |
34 | 1276973 | 0.330 |
Price($) | Vol. | No. |
---|---|---|
0.355 | 360752 | 5 |
0.360 | 583303 | 9 |
0.365 | 592250 | 11 |
0.370 | 990275 | 9 |
0.375 | 248865 | 15 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
RED (ASX) Chart |
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