Management is proposing the reverse split for two reasons.  Primarily, they are desperately trying to avoid delisting.  Secondarily, they are hopeful that a higher price after a reverse split will encourage/allow institutions to purchase the stock.  Good luck with that!

More effective fundamental measures would include cutting over-compensating salaries, bonuses, and stock options for a management team that hasn't done anything right since they acquired ECU Silver 12 years ago.

Another would be to conserve precious capital rather than waste it on drill results in obscure locations whereby there will be no payback for years if at all.  This is particularly critical as Redeo's production declines to nothing, soon.  Unfortunately, it's probably too late.