RED 1.39% 36.5¢ red 5 limited

Good report giving both direction and certainty. One of the...

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    Good report giving both direction and certainty. One of the things that caught my eye was the forecast production for Q4, 20,000-23,000 oz. With the conservative stance management is showing it may be more likely be 25,000 plus. This is at, or near, full production. Forecast for Q2 and Q3 is 7,000-10,000 oz. Predicting they are being ultra conservative here because of the wet season will probably see this higher. Wouldn't be surprised to see 70,000 oz for the full year.
    They did not give a g/t figure for August. Using the numbers supplied I can calculate this being about 3.1 g/t. This is starting to get into seriously good shit territory. One of the things I would have liked to see is ore mined in August. We need to see more ore mined than used in production to start ramping up the stockpile for the wet season. I was expecting 80% of the slip cleaned up. The 70% could indicate that resources are being deployed in mining ore and away from the clean up.
 
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