RED 2.41% 40.5¢ red 5 limited

Missing the big picture - massive upside, page-4

  1. 1,327 Posts.
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    Shown below is a table of gold sold since start of production; the open pit ore reserve is stated as 322,000 oz; the open pit mine life was stated as 5 years; tailings dams 3 & 4 were designed for 5 years storage capacity that was before the "innocent mistake".

    Only 9% of the open pit ore reserve has been used up; still 4.6 years of open pit life left according to the 2014 ore reserve statement; Mr Dumpleton any comments?

    It's nice to have a beefy looking ore reserve & resource statement and it is a good selling point but is it accurate? At least the forecast for 2015 are more realistic but they are low; the old problem of silt in pit has reared it's ugly head yet again.

    Gold sold.png
 
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40.5¢
Change
-0.010(2.41%)
Mkt cap ! $2.755B
Open High Low Value Volume
40.5¢ 41.0¢ 40.0¢ $1.776M 4.386M

Buyers (Bids)

No. Vol. Price($)
44 932944 40.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 1809914 29
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Last trade - 10.57am 25/07/2024 (20 minute delay) ?
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