Red 5 Limited (AU:RED) has released an update.
Red 5 Limited confirms stable Mineral Resources and Ore Reserves estimates for the King of the Hills and Darlot Underground deposits, based on previously released information. The company reassures stakeholders that no new data has significantly altered the figures reported earlier, maintaining confidence in the project’s projections. Despite forward-looking statements indicating positive expectations, Red 5 Limited advises caution due to potential market and operational risks.
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