RED Chart, page-421

For someone who has "been around a long time" you certainly have the act like a novice. Maybe its a trader thing. Who cares what's going on in the background. If you are a serious player in the RED game there are four mile stones that we will watch out for in the next two years, yes years, not the daily crap that captures much attention.
Firstly, about the 30th June 2020, hopefully a little sooner, the FFS will be tabled. This should be the catalyst for a rerate in SP, maybe to 45 cents. The FFS is an investment grade document and will be accompanied with a definitive reserve for all of KOTH. IMO this will turn more than a few heads.
The second milestone will occur sometime in Dec 2020 with the announcement of start of construction of the new processing plant. There will be minor releases in this period with approvals and securing funding for the project but the milestone will be start of construction.
The third milestone will be somewhere around Dec 2021 announcing the commencement of production in the new plant and first gold pour. This could further rerate the SP to about 70 cents. The SP should rise steadily as gold production increases.
The fourth milestone in June 2022 will be the declaration of steady state production, 150,000 oz pa, from the new plant. Hopefully we will see a SP of in excess of $1 by this stage.
IMO all this could be compressed to a shorter time frame on the basis that MW is in charge of operations. This man has a history of bringing projects on line ahead of time and below budget. My bet is that he will deliver again.
If you are on board the Red Express then sit back and enjoy the ride. The only "excitement' that could raise the pulse rate is what is happens to the POG along the way. We may need a bit of valium to get us through this play.