RHK 16.4% 69.0¢ red hawk mining limited

Alternative to current Todd offer, page-96

  1. 828 Posts.
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    Excellent forum guys. In the early days I always thought fmg or rio were the natural owners of this deposit but then along came the 27c offer which was premised on using fmg rail....but no cigar ! Fast forward and we now have this crazy balla balla project replaced by Todd making a $10m bet on the future of iron ore. If I was a betting man I would be looking at a mineral resources (min) as they have the expertise, the balance sheet, the equipment, some port capacity and some good relationships with the majors. Bci/stokes would be my 2nd bet but I am thinking stokes is losing too much on oil and gas at the moment. For what its worth I would be happy to simply sit on this deposit for the next 5 - 10 years if needed.
 
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69.0¢
Change
-0.135(16.4%)
Mkt cap ! $137.8M
Open High Low Value Volume
83.0¢ 83.0¢ 69.0¢ $16.54K 22.72K

Buyers (Bids)

No. Vol. Price($)
2 10006 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 2276 1
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Last trade - 15.02pm 06/11/2024 (20 minute delay) ?
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