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New Red 5 sold off after loss and future cost creep

One-off charges hit soon-to-be Vault’s balance sheet, FY25 guidance set with higher opex

Haydn Black
Mount Monger. Credit: Red 5

Mount Monger. Credit: Red 5

The combination of Red 5 and Silver Lake Resources, soon to be rebranded as Vault Minerals, has delivered small loss for FY24, but with just 12 days as a combined entity, the focus for the gold miner is...

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