RED 2.44% 42.0¢ red 5 limited

Zero debt Cash on hand $17 million 10 year mine expected to mine...

  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
42.0¢
Change
0.010(2.44%)
Mkt cap ! $2.857B
Open High Low Value Volume
42.5¢ 43.0¢ 40.5¢ $55.01M 131.2M

Buyers (Bids)

No. Vol. Price($)
3 136340 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 2109264 10
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
RED (ASX) Chart
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