RHK 0.63% 80.5¢ red hawk mining limited

the rot has set in, page-14

  1. 819 Posts.
    I may be wrong (I am new to this stock) but surely the big thing to stop this falling further is our valuation, A$70m (@3.6 cents) compared with Brockman's A$465.8m (@ 5.9 cents)

    Okay so BCK has 1.6 bn tonnes of iron ore resources compared with our 0.9 bn.

    Okay so BCK has turned a good proportion of its resources into reserves (it has got 1 bn tonnes as reserves and we haven't got any yet).

    Okay so BCK has completed it Feasibility Study but we've only done a pre feasibility study.

    On permitting issues both companies are about the same.
    (We might be missing the odd one?)

    On mine-to-port solutions both companies have the same problem.

    Is it not possible our mkt. cap. could double and we'd still not be expensive compared to BCK after allowing for the areas BCK has advantages over us in?

 
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Last
80.5¢
Change
0.005(0.63%)
Mkt cap ! $160.8M
Open High Low Value Volume
80.5¢ 80.5¢ 80.5¢ $1.24K 1.54K

Buyers (Bids)

No. Vol. Price($)
1 2531 79.0¢
 

Sellers (Offers)

Price($) Vol. No.
89.0¢ 2368 1
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Last trade - 11.02am 12/07/2024 (20 minute delay) ?
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