RHK red hawk mining limited

what is it worth, page-30

  1. 2,475 Posts.
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    here is 3 stocks for you to consider.

    1. CFE
    MC = $180m
    Cash = $360m
    Assets = Cape Lambert South (potential 500mt magnetite)

    2. BRM
    MC = $108m
    Cash = $110m
    Assets = 1.1bt hemetite (44% fe plus some DSO).

    3. AXO
    MC = $50m
    Cash = $36m
    Assets = 1.3bt ferrovanadium (45% fe, 0.6% vanadium 505mt JORC).

    4. FMS
    MC = $90m
    Cash = $10m
    Assets = potential for 300mt-500mt (57% fe, no JORC still drilling).

    5. BCI
    MC = $30m
    Cash = $9m
    Assets = probably 100mt DSO.

    non of these have an MC that is a multiple of 9x cash backing.

    simple facts and there are many more like it, what makes you think FMS is any different? its just full of punters, the smart money keeps selling out and punters try and push it back up.

    just want everyone to see what is going on around them, Shan and others, you are intent on not letting people see what is going on around them.
 
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