RHK 7.41% 87.0¢ red hawk mining limited

I/O Price, page-7

  1. 1,459 Posts.
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    The higher iron ore price goes, the more pressure put on board and todd.

    Todd's negotiating power in bidding would weaken as prices creeps up. If they want to grab fms, they should do it now or in the immediate future.

    I just hope board isnt bluffing todd with the third party discussions thing. I want to convince myself that they are actually about to achieve something with it. Fingers crossed.

    As long as ocj is here as a holder, board can always tap an equity lifeline to stay listed and maintain piop.

    I still believe todd's next aim is to get ocj stake, and that means todd has 40%..

    Anymore equity injection in the future would then come from todd money and that allows them to increase their stake and dilute the rest of us.
 
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