RED 6.25% 34.0¢ red 5 limited

red pros and cons, page-15

  1. 2,136 Posts.
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    A couple of comments:

    Cash costs are estimates only and until the mine is in production and running soothly, they will not be sure.

    A lot of the high margin ore will be mined in the early years. A lot of the recent resource increase will be from deep ore with high strip ratios.

    Setting up a mine is very time consuming. To me the limited announcements is a sign that the management are very busy doing what they are suppose to - getting the mine going. Once operations are running smoothly they will be more investor friendly.

 
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