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3.61% 80.0¢ red hawk mining limited

A JV with a third party

  1. taboon
    6,565 Posts.
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    04/06/16
    09:54
    Post #: 17950599
    I don't see that happening....Both RIO and FMG have plenty of IO and are at full capacity....if they were going to enter into a JV they would have done so already....
    FMS Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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  3. sunsail444
    249 Posts.
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    04/06/16
    10:08
    Post #: 17950683
    I would not discount.
    There are others who may be interested.
    They would need Todd for Rail and Port.
    So if I was interested, I would wait until Todd had full control of FMS.
    So I would not enter into a JV until In had this certainty.
    There are a number of Interested steel mills who want FMS Ore.
    So anything can happen, so expect the unexpected.
    FMS Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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