RED 3.90% 37.0¢ red 5 limited

Cash on hand looks dismal, Just $958K at the end of the Dec...

  1. 784 Posts.
    Cash on hand looks dismal, Just $958K at the end of the Dec quarter.

    How have they survived just this last quarter, without another cap raising? IT has to be iminent. Placement to sophisticated inverstors at 10c per share again???

    I like the zinc component here, it WILL add some 'sexiness' to RED, and the SP, if some clarity can be cast on their future financial plans! March Quarterly must be due about now.

    Anybody have an opinon on managment?

    Cheers
 
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