RED 3.90% 37.0¢ red 5 limited

stlamc, thanks for sharing the chairs statement re 61% uptime as...

  1. 67 Posts.
    stlamc, thanks for sharing the chairs statement re 61% uptime as many are not aware about it.'exodus' vs 'removal' agree with your view on that.

    "The Chair pointed out the processing plant is operating very well" does that mean they will meet their production targets? (even mid-way of 75,000oz forecast will do for small share holders like me)

    "Overall, then, I would say RED will produce between 4k-6k gold in this quarter" that sounds a bit contradictory to the chairs statement above ...

    I choose to go with your estimate (not the chairs unconfirmed statement) as your estimate of 4-6koz seems more reasonable.

    IMHO, DYOR
    Cheers
 
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