In the ANN of 22-Nov-2012 the released presentation says that the earlier guidance of 75,000ounces production for FY2013 is under review.
Given that the gold recovery for first quarter of this FY was a mere 3862oz coupled with not very encouraging statements from the management for the current quarter, how many people on this forum truly believe that RED might be able to achieve even half of the formerly stated 75,000 ounces of production in this financial year.
In case anyone from this forum attended yesterdays AGM, was there a mention of how much has been poured this quarter to date?
How much gold do you guys estimate will be poured in the next quarter ending December 2012.
a - Under 5000oz
b - 5001 to 7,500 oz
c - 7501 to 10,000oz
d - More than 10,000 oz
Eager to know your thoughts fellas
IMHO, DYOR
emperors new clothes?, page-3
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