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RED Phoenix, page-14

  1. funked15
    174 Posts.
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    15/10/22
    15:20
    Post #: 64215637
    The urgent need for cash straight after KOTH prompts awkward questions-
    Did they build an unprofitable mine?
    • First gold poured in June- should be generating cash by now
    • How high is AISC? Hopefully they are optimising to reduce operating costs
    • Do they need higher gold prices to be profitable?

    Looking forward to getting some answers in the Sep quarterly.
    RED Price at posting: 16.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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