Reed vor Produktionsaufnahme 3,6M Oz. Gold

Habe gerade etwas im HC RDR Thread gelesen. In Australien wird RDR sehr kontrovers diskutiert. Anbei einige Zitate (ich hoffe, die Autoren im Aussieland nehmen es mir nicht übel):

Zitat 1 (gepostet von Pitchmac)
RDR will show its true potential, once we see the 3rd quarter activity and cash flow results come through, if their on track then rdr should be around 80c to $1.00 range shortly after IMO.

Once rdr announce's to market that they have started production, expect a quick bounce back to 50c maybe even higher,in a short space of time IMV.

One thing I like about rdr is they have meet their own target's, except for the one's out of their control.
I see this could play very favourable for investor's if rdr have a reputation for meeting their own targets, especially when it come's to production targets, which are the one's that count.

Just my thought's (Zitat 1, Ende)

Antworten darauf:

1. What have you been smoking?

2. Pichmac do your homework about RDR meeting promises then you may understand why they are intensely disliked. Having followed the stock for 20years I have heard all their spruik before. They have a long way to go to regain investors trust and I know for a fact a lot of instos will NEVER have anything to do with the reeds again. As for the best undervalued gold stock we will wait and see. Another NAV or NST.

RDR wird hier mit NAV oder NST verglichen!

... und weiter geht's mit der Prügelei:
Pitchmak,
I'm only keeping enough to see MLX take-over. Then I'll make an INFORMED decision.

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Reed Resources awards key mining contract for Meekatharra Gold Project
Tuesday, October 02, 2012 by Angela Kean


Reed Resources (ASX: RDR) has ticked another box on its path to the first gold pour at its Meekatharra Project in Western Australia with the awarding of the Stage 1 Mining Contact to Minepower.

Minepower will begin mobilising to site from 1 October 2012 with mining of the Bluebird Open Pit, which hosts a resource of 1.53 million tonnes at 1.9 grams per tonne gold, to begin shortly after.

Bluebird is located less than 1 kilometre from the Bluebird processing plant.

Luke Tonkin, managing director, said the award of the mining contract is a significant milestone for Reed, the Meekatharra community and the State as it clearly signals the commencement of production activity and associated benefits that flow from gold production.

“The construction and refurbishment works program at Meekatharra is nearing completion with all the major work packages being completed as scheduled and within estimated cost.

“Reed is successfully transitioning to a producer and will continue to execute Reed’s disciplined and staged exploitation of Meekatharra’s Mineral Resource and Reserve base targeting growth in gold production, longer life and lower costs.”


Strategic appointment

Reed has also appointed Chris Mardon, who has more than 20 years of mining and resources experience, as general manager of the Meekatharra Gold Project.

Mardon has held senior management roles in resources companies including Modun Resources, Delta Gold, Croesus Mining and Tanami Gold/Jabiru Metals. He has also operated as an independent mining consultant.

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Reed Resources to raise A$10M to support transition to gold producer
Monday, October 22, 2012 by Angela Kean
Reed Resources is edging closer to becoming a mid-tier gold producer as the company moves into the commissioning phase, scheduled for December 2012, at its Meekatharra Gold Project. A A$10M capital raising will maintain appropriate levels of working capital as the company works to achieve this momentous move.

Reed Resources (ASX: RDR) has launched a $10 million capital raising which will ensure the company has sufficient working capital as it moves into the commissioning phase at its Meekatharra Gold Project.

The capital raising will comprise an $8 million placement to institutional and sophisticated investors, for which Reed has already received subscription commitments, and an underwritten $2 million share purchase plan to existing shareholders.

Both will have an issue price of $0.18 per share. Azure Capital has lead managed the placement and will underwrite the share purchase plan.

Under the share purchase plan, Reed is offering each eligible shareholder the opportunity to acquire up to a maximum of $15,000 worth of shares.

The offer price of $0.18 represents a 5% discount to Reed’s closing price on 16 October 2012, and a 17% discount to the volume-weighted average price of shares during the 20 trading days up to and including 16 October 2012.

Luke Tonkin, managing director, said: “Reed is pleased with the very strong support for the capital raising.

“The additional working capital allows the group to maintain appropriate working capital levels during the commissioning of the Meekatharra Gold Project, which is scheduled for December.

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