RED 2.70% 36.0¢ red 5 limited

Great post Jenesaiquois!That means Southern Cross Equities...

  1. 1,870 Posts.
    Great post Jenesaiquois!

    That means Southern Cross Equities consider it a BUY at these current prices.

    Please note that SCE target of 27 cents is based on a moving gold price, that is assumed to fall to US$1,000/oz (cf US$1,100 of today), AND SCE model assumes 10% INCREASE in operating costs.

    ie their model is very conservative which is not reflective of current gold price, nor estimated operating cost, but still they estimate 27 cents.

 
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37.0¢ 37.8¢ 36.0¢ $9.825M 26.88M

Buyers (Bids)

No. Vol. Price($)
18 1862724 36.0¢
 

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Price($) Vol. No.
36.5¢ 2312588 9
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