RHK 2.35% 87.0¢ red hawk mining limited

Ann: Quarterly Cashflow Report, page-12

  1. 8,593 Posts.
    lightbulb Created with Sketch. 2850
    and these news items say it all, re the track record of our board:

    todays fin paper:

    Iron ore rebound could deliver $6.5b boost to federal coffers

    After dipping below $US100 a tonne last year, the iron ore price rallied in the early weeks of January and could deliver a more than $6.5 billion budget surprise later this year for Treasurer Josh Frydenberg or his successor.

    The iron ore price rose 24 per cent in January and topped $US150 a tonne this week before easing slightly; but while elevated, the price is still well below the record $US237 a tonne in May last year.

    ***********************
    remember - our Board told us way back, when they were recommending the Option Deal, that our mine would not be profitable until the price of iron ore was US$82/t or A$85/t (I cannot remember)

    then this today's ASX action:

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Last
87.0¢
Change
0.020(2.35%)
Mkt cap ! $173.8M
Open High Low Value Volume
86.5¢ 87.0¢ 86.5¢ $1.924K 2.224K

Buyers (Bids)

No. Vol. Price($)
1 1316 76.0¢
 

Sellers (Offers)

Price($) Vol. No.
87.0¢ 6412 1
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Last trade - 12.52pm 12/09/2024 (20 minute delay) ?
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