RHK 1.27% 78.0¢ red hawk mining limited

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  1. 798 Posts.
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    FYI

    Latest (August) Resource Stocks magazine has included a CD with the Top 100 Resource Stocks. Flinders Mines has been included amongst 9 other Iron Ore stocks with the following comments:

    Key strengths
    ? Resource has critical mass for production
    commencement
    ? Close to existing rail infrastructure
    ? PIOP project economics are favourable
    ? Potential takeover target

    Key risks
    ? Optimum infrastructure solution not yet
    determined
    ? Project funding required (~$450 million
    capex for Phase I)
    ? Future development partnership may be
    dilutive
    ? Single asset risk (PIOP)

    DYOR
 
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