A peace is of the nature of a conquest;
For then both parties nobly are subdued,
And neither party loser.
SHAKS.: _2 Henry IV.,_ Act iv., Sc. 2.

Trametes cinnabarius

Also Polyporus cinnabarinus
Trametes cinnabarina
Polystictus cinnabarinus
Coriolus cinnabarinus

Bright orange pores and cap, becoming duller with age.

- Trametes cinnabarius, Berarra Beach Lagoon, South Coast of NSW, August, 2001.jpg