RED
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0.00% 34.5¢ red 5 limited

Someone correct me if I am wrong, but the broker valuations of...

  1. Alex999
    3,827 Posts.
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    17/09/11
    10:47
    Post #: 8973242
    Someone correct me if I am wrong, but the broker valuations of RED are on assumptions of A$1300-$1400 gold over next years production. If A$1700-1800 is sustained, this would significantly increase profits and very likely reserve/resource. This higher gold price has not yet been factored in. Same story across other gold equities.
    RED Price at posting: $2.10 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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