RHK 0.63% 80.5¢ red hawk mining limited

buying side, page-5

  1. 3,062 Posts.
    simno--i reckon you will get your order filled,the whole resource sector is down it seems.

    the 4x markets will probably be partially responsible,uncertainty and the movement of cash looking for a safe haven all this affects terms of trade and settlement costs.

    FMS is certainly a risk there is still not enough volume to get really excited however the constant media regarding China is certainly having an impact plus we are getting closer to sovereign risk with an election looming.

    what do we need?

    -- a resource upgrade would be good

    -- high grade upgrade

    -- a goodbye to the carbon tax and mrrt

    -- a change of policy with a new government

    -- China to stay the course of expansion

    ---
    $aus to drop below 90c personally i think it will as the big economies start improving


    there really is a lot on the plate, its looks a disappointing environment for startups but the world will continue to need i/o , the economics of the pilbara have a bright future, proximity to market high grade ore

    now for a port and rail thats all we need, and no one knows the answer
 
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