RED 2.44% 42.0¢ red 5 limited

Theory seems to say that they should still be able to make more...

  1. 5,278 Posts.
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    Theory seems to say that they should still be able to make more money than they spend at least for the forseable future. I wonder if the latest fall is being assisted by those wanting to cause panic selling to load themselves up, knowing that fundamentally the company should still be cash positive at next report?

    I only got back in a while back because it seemed they should be able to get some cash flowing if they can just keep processing. The update didnt seem to indicate that processing was going to stop did it?? If they can still process stockpiles and access new ore then hopefully they can just pay their way out of any repairs required. I think at some point they will need to put together two complete quarters of continuous production to targets, and if they ever manage to do that without any more disasters the thing should seriously re rate. Just a case of can they do it or have we just had the peak of this latest iceberg so far?
 
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