RED 12.3% 32.0¢ red 5 limited

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  1. 492 Posts.
    - September quarterly likely ~30-31 October
    - 4.3 mil was earnt from sales in the June quarter; 11 mil is projected to be earnt in the September quarter - however expenses and investment exceed sales
    - IMO keep an eye on ore movement. In the AR RED stated there have been challenges with mining fleet maintainence and availability, coupled with the personnel changes announced on the 9th Oct and the appointment of the Renoir group who specialize in change management and implementation, I'm wondering if there are systemic problems that need to be addressed with the mining contractor
 
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