I have to agree with you Tech, i don't expect any major price movement on pour, but it is a milestone and an indication for the long term holders that there is progress and cash flow should be around the corner. The price will only move once its established that gold can be produced at forecast...
Form 605 Ceasing to bee a substantial shareholder BOA
http://www.asx.com.au/asxpdf/20111128/pdf/422whttjs850k8.pdf
Change in Directors Interest
http://www.asx.com.au/asxpdf/20111129/pdf/422xk16rv44wym.pdf
While it can be confusing finding these announcements through Etrade/Comsec etc...
This report on the company's website states the pour will be in late November 2011.
http://red5limited.com/files/Red5-Profile-Nov2011.pdf
"At the date of this report, civils and mechanicals are 99% complete,
piping is 85% complete and electrics 78% complete. The first gold pour is...
Hi all Red Members
An article in The Age made a quick mention of Red.
"Another goldmine, with a side operation in silver in the Philippines is Red5, which starts producing this month.
''It has very low costs with silver as a byproduct. The market is worried there will be teething issues...
Hi All
Thanks to everyone for sharing their opinions/views on Red in particular Beetle. While I don't necessarily share or agree with all comments/opinions it does make interesting debate and good reading.
In regard to Matthews selling, the Oct 4 announcement stated that Matthews current...
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