RED 1.18% 42.0¢ red 5 limited

slipping sp?, page-11

  1. 541 Posts.
    Well see this makes sense - I do somewhat suspect this however you can add that to the list of my other speculations :p

    I felt that, and I said this in a earlier post; By the time of the pour we will be lucky to recieve 23cps (and I asked others to weigh in on this) but in that follow-up we saw people giving NPV's on the up and up!

    Production is going to take a lot of time and a share price post consolidations of 1.85 is no better than 0.185cps so to say that on production we will see lower value is a little bit confusing but I Can see the skeptic in the former post is skeptical for good reason - that reason being current action.

    Like I said - the pour will happen and we SHOULD AT LEAST SEE a breach of the 0.215cps resistance level. If this does not happen than many of us are going to be holding for a sufficient time longer.

    May I also mention the obvious, which is that if the pour is delayed any further, then we are all in dire straits for quite some time.
 
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