Sounds good. That first production is worth around USD200k. I note that there is still some tinkering required by the sound of the announcement.
Will the market react positively to this announcement? I hope so, because I doubled my stake in RED last Monday after they announced that things were on track in the quarterly report. Yeah I know I should have done this when the price was lower, but I have become a chicken hearted investor since the GFC taught me a few lessons (ouch).
GL all RED investors, especially the long term holders.
loki (RED to hit $3.00+ in 2012)
first gold, page-2
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Last
37.3¢ |
Change
0.003(0.68%) |
Mkt cap ! $2.550B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.8¢ | 36.5¢ | $3.460M | 9.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 2621580 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 1149502 | 48 |
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| RED (ASX) Chart |