RED 2.41% 40.5¢ red 5 limited

Quarterly comments, page-52

  1. 748 Posts.
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    From the quarterly reports.
    Q1 2012 - 2843 oz gold produced (1.96 g/t @ 72%). Deducted from annual report.
    Q1 2015 - 12368 oz gold produced (3.3 g/t @ 87%).

    Q2 2012 - 2734 oz gold produced (2.0 g/t @ 72%).
    Q2 2015 - 11007 oz gold produced (2.6 g/t @ 83%).

    Q3 2012 - 3862 oz gold produced (1.8 g/t @ 72%).
    Q3 2015 - (forecast) 11,000-13,000 g/t. My thought is 13,000 +.
    Red are about to produce something that has alluded us to date, a positive cash flow.
 
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