RHK 4.17% 75.0¢ red hawk mining limited

what is the best scenario for fms

  1. 5,495 Posts.
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    Hello FMS'ers

    I was a holder back in the day when diamonds were the prime target of FMS. Sold out once they announced they had discovered some nice Iron ore deposits and decided to focus on that.

    A couple of years down the track and it seems they are close to being commercial.

    I hear the pre-feasability study will be done in Sept... what would be the best case? Commercial and sales to begin end of year?

    I'm not too familiar with Iron ore.. and how it works from exploration to production. Some thoughts would be apprecaited.

    Thanks a bunch
 
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