RED 2.44% 42.0¢ red 5 limited

Red Gold, page-31

  1. 225 Posts.
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    GJ - I fully agree with your prognosis of about 8000 oz/month, hopefully for the rest of 2016 and that should leave us with lots of spare cash.
    I just wish they would put out regular reports as they pass certain milestones so we can get some notice and maybe momentum in the share price.
    We know the ASIC costs are to come down by mid year when all the pre strip is finished.Also we should be receiving royalties from GXY as they
    start up mine at Ravensthorpe.(the lithium connection to Red.)IMO.They have recently been beating all their production targets by about 30%.
    GLTA .
 
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