RHK 0.64% 79.0¢ red hawk mining limited

can the deal fall thru?, page-18

  1. 1,946 Posts.
    lightbulb Created with Sketch. 992
    People we all just need to chill, 2 weeks ago we were sweating on FMS breaking trough the 16 - 17c wall of shares.

    Then wham, we get a T/O offer at 30c, most aren't happy with that (understandable), now there is concern about the offer not preceeding, the offer most of us aren't happy with, its only early days, don't sweat each and every day over this, this will take months, all your going to manage is a heart attack or rapid ageing.

    The way I see it.....

    if the current deal proceeds we get a price higher then we have seen in the past.

    If we get a counter offer (more then likely) then we will make even more $$$$$$$$$$

    If for some reason the current deal doesn't proceed and there isn't a counter offer, then the sp retraces back to 16 - 17c and we wait to go to production in a few years and await $1 plus, which is probably what most of us would like to see.

    Which ever scenario occurs we little fish cannot control, thats why these little spec stocks are so interesting.

    Just my thoughts

    L4L
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.