RHK 0.63% 80.5¢ red hawk mining limited

i am out

  1. 520 Posts.
    I am out as of today.

    Key reasons to get out

    -Underlying equity poor

    -FMS ahead of itself on the curve(not even at 1st drilling stage)

    -No rail line built yet and dependency on Fortescue(which is in debt and no money)

    -No cash flow for many years, and who the heck knows what the IO price will be then

 
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