RHK
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0.63% 80.5¢ red hawk mining limited

Analysis and comments, page-118

  1. PS
    2,885 Posts.
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    13/07/24
    16:49
    Post #: 74739606

    Mining at Shine


    The latest Fenix Resources announcement it worth a read by RH shareholders.

    Haulage is around 300km hence C1 cost lower. Note only 15.1mt at 58% FE. That will realise a discount in the benchmark iron ore price.


    Have a look and see what you think https://www.investi.com.au/api/announcements/fex/2c4c362f-60e.pdf


    Meanwhile RH shareholders con look forward to the Eagle deposit resource announcement due this month. Also the Quarterly Report due end on this month. Other announcements are due reading long lead time activities and contacts if RH is to be in commence production Q3 2025. Lots to look forward to IMO.


    RHK Price at posting: 80.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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