RED 2.70% 36.0¢ red 5 limited

what a disappointing day, page-3

  1. 1,673 Posts.
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    I am thinking that daily movements should not worry investors, i.e. that is most of us. The story is different with traders, but I am not one.

    We need to let this thing mature a bit. We are progressing steadily towards production. A good hit at Mapawa would also help, but to worry about daily movements may just be showing a little impatience. We should make money on this share, but the best time to worry about the sp will be closer to production. There will be many days like today before this happens. Building a mine takes time and a number of milestones. RED has made a steady progress and needs to keep doing the same for a while. We have the approvals and the funds, so there is little risk that things would not work out. Bottom drawer for me.
 
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37.0¢ 37.8¢ 36.0¢ $9.825M 26.88M

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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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