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0.63% 80.5¢ red hawk mining limited

Ann: Flinders secures $5 million loan facility, page-14

  1. cassidav
    704 Posts.
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    06/11/17
    17:20
    Post #: 28545117
    Hi Senator3,

    I agree it seems to be a good outcome given the current circumstances, however a better outcome and certainly resulting in less dilution would have been to fund the PIOP via revenue achieved from Nickel, Vanadium and Cobalt from Canegrass.

    Canegrass was drilled all the way back in 2012 after all
    http://www.flindersmines.com/lib/pdf/asx/2012/fms_asx20121127_p.pdf
    FMS Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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