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These guys seem to have quite a bit of gold under the old KOTH mine waiting to be picked up. Some good grades down there. Ramping themselves as one of the top 10 largest reserves in the country. Chart looks like they've hit a bottom at 16c to me. Now they've gotten rid of the Phillipines baggage, of interest.



 
They will need some more money to finish their mill off. Capex to come is $226m and they have about $50m in the bank. So, that will have to come from somewhere.

Last presentation has the details.
Red 5 announces "King of the Hills" construction powers ahead with first Gold pour expected by early June quarter 2022!

Red 5 sp taken off as @ 0.255c +13.33% on big volume/momentum

DYOR as always

Cheers tela
 
Red 5 announces "King of the Hills" construction powers ahead with first Gold pour expected by early June quarter 2022!

Red 5 sp taken off as @ 0.255c +13.33% on big volume/momentum

DYOR as always

Cheers tela
Am invested twice with systematic trading..?.but got burnt by this dog in the past..trade yes..short term but it is a pig with lipstick based on past experience...
 
Would probably say that KOTH is a game changer now though Frog.

The bottom has been 15/16c recently and in the past.

For those who have entered when at that level, the future looks pretty good, imo.
 
Would probably say that KOTH is a game changer now though Frog.

The bottom has been 15/16c recently and in the past.

For those who have entered when at that level, the future looks pretty good, imo.
as long as mgt is same, do not expect miracle..they were having a mine in a Muslim insurgency area when I started looking at them..same on other gold stock in burkina faso or Niger/Mali..seriously
 
Would probably say that KOTH is a game changer now though Frog.

The bottom has been 15/16c recently and in the past.

For those who have entered when at that level, the future looks pretty good, imo.
but did great today..how long before SPP? cynical? maybe...
 
but did great today..how long before SPP? cynical? maybe...
RED are fully funded frog plus they've just sold Siana gold project for $55M (refer 21/09 announcement)


 
Annual report due/scheduled on 13/10/21 with their quarterly update a week later on 21/10/21 which am looking forward too.
 
This is rarely an issue for greed?
As i own, i hope you are right, it also takes some times to prepare and launch a capital rise so hopefully I will be out before with a neat profit
 
This is rarely an issue for greed?
As i own, i hope you are right, it also takes some times to prepare and launch a capital rise so hopefully I will be out before with a neat profit
Fully funded so no more capital raising necessary as was successfully completed back in March '21.

RED also receiving $55M cash injection from divesting Siana gold project as announced 2 weeks ago.

 
Red 5 Ltd forms bullish "Head and Shoulders Bottom" chart pattern
Oct 07, 2021

Trading Central has detected a "Head and Shoulders Bottom" chart pattern formed on Red 5 Ltd (RED:ASX).

This bullish signal indicates that the stock price may rise from the close of 0.265c to the range of 0.30c-0.32c

*courtesy of Bell Direct
 
This is rarely an issue for greed?
As i own, i hope you are right, it also takes some times to prepare and launch a capital rise so hopefully I will be out before with a neat profit
Watch from 20:45 onwards as Jason covers analysis about Red 5
 
12/10/21 Grade control drilling commences at King of the Hills

RED is pleased to advise that it continues to make significant progress with the construction and development of its 2.4Moz, 16-year life-of-mine King of the Hills (KOTH) Gold Project in Western Australia.

The KOTH Project is progressing on schedule for first gold in the June Quarter 2022 and remains within budget.

DYOR as always..

Cheers tela
 
A bet on Gold for 2022. Strong trend last 6 months. Lot of resistance around 0.36 cents but if gold price goes up, so does this. A pick for 2022 comp.
 
My pick for comp as the resource is large and 16year life of mine Great looking chart for breakout above 30c
 
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