RED 2.44% 42.0¢ red 5 limited

Reserves and Resources

  1. 227 Posts.
    lightbulb Created with Sketch. 258
    Hello RED5 folk.

    I am trying to get a handle on RED's Ore Reserves and Mineral Resources. My objective is to compare the enterprise value v. the reserves / resources.

    Most companies post these in the (summary) form as:
    Tonnes
    Grade
    Contained Metal

    I can't find a corporate OR/MR annual statement for RED. The AR published last year has details for each asset (but no summary table), and there were updates for Darlot in Feb and KoTH in March. So, question #1: Can anyone point me towards an annual OR/MR statement? Am I missing something?

    Working from the AR, and the two releases for Darlot / KoTH, I have tried to calculate the total Ore Reserves and Mineral Resources:

    https://hotcopper.com.au/data/attachments/2152/2152681-84f1e74cb71a9c068b3d4403935298b0.jpg

    Question #2: Does this look reasonable? Am I missing anything? I believe that Siana and Mapawa are not actively being developed, but would presume that they would still be included in a corporate OR/MR.

    Thanks in advance for any inputs.
 
watchlist Created with Sketch. Add RED (ASX) to my watchlist
(20min delay)
Last
42.0¢
Change
0.010(2.44%)
Mkt cap ! $2.857B
Open High Low Value Volume
41.5¢ 42.5¢ 41.5¢ $7.599M 18.12M

Buyers (Bids)

No. Vol. Price($)
17 554744 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 402000 9
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
RED (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.