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VAU - Vault Minerals

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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.

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Screen Shot 2021-08-12 at 11.22.33 am.png
 
kennas said:
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.
Click to expand...
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
 
Telamelo said:
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
Click to expand...
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.
 
Tyre Kicker said:
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.
Click to expand...
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
 
Tyre Kicker said:
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.
Click to expand...
but did great today..how long before SPP? cynical? maybe...
 
qldfrog said:
but did great today..how long before SPP? cynical? maybe...
Click to expand...
RED are fully funded frog plus they've just sold Siana gold project for $55M (refer 21/09 announcement)

www.marketindex.com.au

RED 5 Ltd (ASX:RED) Share Price - Market Index

Today’s RED share price, stock chart and announcements. View dividend history, insider trades and ASX analyst consensus.
www.marketindex.com.au www.marketindex.com.au

www.proactiveinvestors.com.au

Red 5 powers ahead with construction ramp-up at King of the Hills Gold Project

Red 5 Ltd (ASX:RED) has made further headway at its cornerstone King of the Hills (KOTH) project, where construction is underway on one of Australia’s most...
www.proactiveinvestors.com.au
 
Telamelo said:
RED are fully funded frog plus they've just sold Siana gold project for $55M (refer 21/09 announcement)

www.marketindex.com.au

RED 5 Ltd (ASX:RED) Share Price - Market Index

Today’s RED share price, stock chart and announcements. View dividend history, insider trades and ASX analyst consensus.
www.marketindex.com.au www.marketindex.com.au

www.proactiveinvestors.com.au

Red 5 powers ahead with construction ramp-up at King of the Hills Gold Project

Red 5 Ltd (ASX:RED) has made further headway at its cornerstone King of the Hills (KOTH) project, where construction is underway on one of Australia’s most...
www.proactiveinvestors.com.au
Click to expand...
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
 
qldfrog said:
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
Click to expand...
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.

www.finnewsnetwork.com.au

Red 5 (ASX:RED) raises $175 million of debt finance

17 Mar 2021 - Red 5 (ASX:RED) has received commitments for $175 million in project finance facilities to fund the development of its 2.4 million ounces, 16-year Life-Of-Mine King of the Hills Project in Western Australia.
www.finnewsnetwork.com.au www.finnewsnetwork.com.au
 
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
 
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.
 
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