RED 4.82% 39.5¢ red 5 limited

slip volume not very material it seems, page-97

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    I note they reported no damage to ramps leading down to the open pit in the June 2015 Q from the "significant material movement" on the East side yet I can see no mention of damage to the Northern ramp from a similar material movement (or slip) on the NE side in any announcement since Oct 2014. Seems good news reported bad news not so important.

    Dr S you post about the grade for the open pit and the underground but the Reserves hasn't been updated for almost 4 years and the Resources haven't been updated for at least 2 years. The only production guidance has been a 'lump-sum' 40koz for 2016 without any ore tons, material movement, costs or detail of the plan going forward. In essence no one could make a value judgement on this one unless this info was available at a minimum. I for one can't understand the CFO comments of market overreaction when reporting has been so vague. My opinion only.

    As for the slip on the East side still no images to confirm the damage looks like one will have to rely on Dr S images posted on the 23/7/2015 rather than the ASX for info.
 
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