RHK 7.51% 80.0¢ red hawk mining limited

Alternative to current Todd offer, page-97

  1. 12,161 Posts.
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    True, but not sure MIN want to take on FMS in any meaningful way given the location of FMS reserves. As for BCI / Stokes I would have thought Stokes had enough on his plate with BCI and don't forget the STO play and his push into agriculture.

    If a similar counter PIOP proposition was put forward then your timeframe of 5 - 10 years is about right given even the current PIOP offer has an option period of 6 years plus about it would be 2 years for any proposed rail development....care to hazard a guess as to the value of iron ore that far out?

    If nothing happens then it stays in the ground for the next generation.
 
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