RED 5.41% 35.0¢ red 5 limited

RED v GOR

  1. 4,602 Posts.
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    I invested in GOR I am happy to say at the time the Gruyere mine was under construction.

    Very similar to RED now.

    A few current comparisons:

    Share Price and Market Cap
    RED- 27c and 636m. 2.4b shares
    GOR - 140.5c and 1.223m. 800m shares

    Mine Production
    RED 4.7m+ t and 200,000 oz (but likely higher)
    GOR 8.5m t and 300,000 oz x 50% for GOR interest

    Mine Life
    Both 15+ years

    Production Cost
    Similar

    Looking at these comparisons - RED is likely heading for $1+ when in full operation.
 
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36.0¢ 36.5¢ 35.0¢ $3.637M 10.28M

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35.5¢ 509324 8
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
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