GJ,
Its a good point actually, they now have a very large amount of data suggesting the reserve is outperforming the model on both grade and tonnes. This ought to be put into the model.
Could have some quite big ramifications.
Clearly the mining costs ought to be able to be brought down significantly too - this will also play a big role.
I don't want to get carried away however, because management have generally been cautious so far.
counting down to a new baseline, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.5¢ |
Change
-0.020(4.82%) |
Mkt cap ! $2.686B | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.0¢ | 39.0¢ | $9.181M | 23.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1243803 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 139143 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |