RED 5.00% 31.5¢ red 5 limited

achieves 80% of siana a little early

  1. 2,218 Posts.
    See ASX announcement. Not a huge change, but gives RED a bit more security, which should allow it to attract better quality backers, capital etc. They will have to forming the legal structure for get the 80% giving the minerals title (MPSA) requires a 60/40 local / foreign split.

    angus
 
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