Its funny because lately I've been looking at some investments in which underground grades are only in the 3 g/t range - yet that is exactly where Red 5 is at with the open pit!!
Honestly with a lowish strip ratio and soft ore, this thing will make really nice money.
And underground at 7g/t or so with nice widths - that will make really good money.
The fundamentals of this mine are very good, the challenges have just been obscuring this for a time but in the end fundamentals will shine through.
Its funny because lately I've been looking at some investments...
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $2.823B | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 41.0¢ | 40.5¢ | $549.0K | 1.355M |
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| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1047809 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 888470 | 33 |
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| Last trade - 10.16am 25/07/2024 (20 minute delay) ? |
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