Aug 06, 2024 / NTS GMT
Len Eldridge - RED 5 Limited - Corporate Development Officer
At the next 20 minutes, we'll run through where the business stands today and more importantly, where we are going after what has been a transformational 12 months for the business. The last 12 months now sees the most strategic asset in one of the most active gold districts on the planet now held within a business with one of the strongest balance sheets in the industry and led by a refreshed management team with a proven track record of operational and financial delivery.
RED 5 is a genuinely diversified intermediate gold producer of relevant scale. Today, we boast a portfolio at various stages of the invest and yield cycle anchored by a strategic long-life asset. The portfolio produced over 440,000 ounces over the past 12 months and 87% of our 4 million ounces in reserves and 12 million ounces of resources are within producing operations today. In the current construction and regulatory climate, this is a competitive advantage as we do not have the cost, complexity, and timeline of greenfield development, which in some cases are required
RED 5 Limited at Diggers & Dealers Premier Mining Forum Transcript
Aug 06, 2024
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