Beatle,
I have been a holder of just over 300k RED for about 9 months now and agree that it will reward holders over the next 12 months or so.
As you rightly point out the key issue is when they move from explorer to producer status. When you sit back and look at the big picture RED have slowly but surely obtained the necessary approvals, got the local community on side, completed the BFS, obtained funding with a contingency etc, all key milestones.
So long as they continue to slowly but surely achieve key goals then I have every confidence in RED management.
Some may consider the fact that RED has not delivered more sooner as poor management, I do not concur with that view simply because I would rather them deliver quality slowly rather than quantity quickly. To date IMO they are progressing satisfactorily on the "quality" approach
Regards
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $2.448B |
Open | High | Low | Value | Volume |
37.0¢ | 37.8¢ | 36.0¢ | $9.825M | 26.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1862724 | 36.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.5¢ | 2312588 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 84542 | 0.360 |
17 | 576790 | 0.355 |
33 | 1675872 | 0.350 |
17 | 1054440 | 0.345 |
10 | 457066 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 255012 | 3 |
0.375 | 166314 | 2 |
0.380 | 368323 | 9 |
0.385 | 440469 | 4 |
0.390 | 334266 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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