RED 1.11% 44.5¢ red 5 limited

why this is a HUGE buy

  1. 3,538 Posts.
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    Zero debt

    Cash on hand $17 million

    10 year mine expected to mine 849000 oz. gold with OPEX costs around US$400/oz

    Further exploration at Mapawa and St Nino targets to further increase resource

    projected cash flow from here on - cash is king!

    Currently trading at $75 million market cap - meaning an EV of less than $60 million

    HUge huge potential

    A no brainer buy for me - one to hold for grandkids

    above all IMO
 
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Last
44.5¢
Change
-0.005(1.11%)
Mkt cap ! $3.003B
Open High Low Value Volume
44.5¢ 45.0¢ 43.0¢ $10.42M 23.50M

Buyers (Bids)

No. Vol. Price($)
13 923494 44.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.0¢ 695828 6
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
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