Don’t know about “killing the pig”. The term ‘babbling on incoherently’ springs to mind. Come on guys, it’s not a pissing contest. Supposed to be constructive debate and informed commentary.
Let’s get back on track.
Stock market took another hit overnight. Looks like it’s ‘risk off’ time. When this goes to press PoG holding well. Was a little overbought, but is rebalancing, digesting the ever evolving COVID-19 mess.
Looks like the Fed ramped up the repo market again overnight. Would think an interest rate cut at the next meeting is almost a give me. Bodes well for future POG.
As I’ve said before, a fair value for RED, IMO, is around 34 cents,ATM. $2500 gold has given this a boost but nothing has changed fundamentally to take it much further. Turning a probable PFS into a definite FFS into a 300,000 oz pa gold producer is the price story.
So @canonman put your popcorn away, this has a long way to run yet.
Don’t know about “killing the pig”. The term ‘babbling on...
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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
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |