RHK 0.00% 69.0¢ red hawk mining limited

10 march new shares issued, page-9

  1. 3,420 Posts.
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    SP is falling due to the issue of CR at 2.5c. After all, SP will rise as the project is more secure than before MMK T/O. More resources, Signed JV for infrastructure. SP should have 10c at least now if there are no CR at this stage but FMS needs the capital to go ahead. I read about JV Todd company, they are very very solid, they have huge assets and it is easy for them to pump the cash to build this project. After completed the CR, these Traders whoever want to have short term profit will push the SP high and they will exit. My bet is 6-7c level and back down again and stay above CR 2.5c until there are more progress ann out and sp will rise accordingly. I believe, FMS will chase for the off-take deal to finance to built their side. They have very good quality high trade Sinter Fine product. I don't think not a problem. This stock is not for a short term goal, definitely, long term investment. IMO.. Buying between 2.5c to 3c is really a steal price.
 
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Last
69.0¢
Change
0.000(0.00%)
Mkt cap ! $137.8M
Open High Low Value Volume
69.0¢ 69.0¢ 69.0¢ $21.99K 31.86K

Buyers (Bids)

No. Vol. Price($)
1 1000 68.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 2276 1
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Last trade - 13.24pm 07/11/2024 (20 minute delay) ?
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