Gazza, not worried about HM - I think it needs to be emphasised...

Gazza, not worried about HM - I think it needs to be emphasised that RED has the most basic fundamental necessary (after having a sound (relatively undervalued) business in a bull market) - sound, energic, experienced management - without that, success at best is accidental.
I believe that the market should see more of the MD and a video presentation, including a Q&A, posted on the website would be very useful to the retail market. Recently the MD and advisor did an extensive round of institutional presentations in Sydney & Melbourne, and I gather impressed, but, insto's cant buy till certain milestones are achieved, and certain fundamentals are established.
Obviously, there's no 'take over premium' now or in the future, as long as Saracen & Gold Fields are major shareholders. But, if RED really excels, they could be a source of funds etc.
I have to admit, that being forced to become a Saracen shareholder wouldn't be a bad thing - but, I'd rather see RED do the SBM transformation before the escrow ends, and then do a reverse takeover of Saracen.
Serendipity is often described as a prepared mind encountering an opportunity.
The new Darlot is a golden example of serendipity.
Let's hope the March quarterly can maintain the momentum.