No shares traded on Friday. Looks like we've got a front at 4.1 cents.
Mining policy should start to develop shortly. The MICC audit started at the beginning of March and was to take three months. So the end of May should see Cimatu starting to show his plan. IMO Cimatu will use the audit as a framework to hang his policies on. Cimatu is starting to get an indication on how Lopez has bogged down development in the mining industry, including Reds long term TSF. See link below.
http://newsinfo.inquirer.net/897594...-up-by-lopez-order-to-centralize-ecc-issuance
Hopefully Cimaut and Jacinto will start to unwind the crazy policies of Lopez by the end of this month.
Then we can move forward.
The waiting game
Add RED (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.3¢ | 36.8¢ | $11.13M | 29.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2477379 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 582841 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |