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6.96% 73.5¢ red hawk mining limited

aurizon will be allocated port space at ph, page-66

  1. docrox
    8 Posts.
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    16/11/13
    10:54
    Post #: 12579377
    RIO & FMG have no need to rush into any T/O scenario. They have enough resource of their own and therefore no incentive to do anything. No one else would be wanting a stranded deposit so I would assume selling would be difficult.
    I hope that something happens soon, otherwise it could be firesale time. Thats when RIO & FMG might finally show some interest when FMS is forced to sell for close to zero.

    Anyway, might as well wait and see what comes out of AGM.
    FMS Price at posting: 3.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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