RED has been terribly overoptimistic in its production over the past year. When the silt issue first got noticed, RED didn't change its 75K gold estimate for another month or two. Even the July debt arrangement had higher production estimates than anyone here would have suggested.
That said, the Chair's report indicates that production is up (slightly) in Nov, although my estimate is that Oct production was down from previous quarter. December might be better than Nov, but that depends on equipment and power issues. The Chair states that they have "tight working capital". No surprises there, but it implies that gold revenue might be just matching expenditures (since the Sprott facility was used up by Oct).
Overall, then, I would say RED will produce between 4k-6k gold in this quarter.
Also, while funding, power, pumps etc are critical, so is production because it generates revenue and supports the debt facility arrangement. They all correlate with each other.
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