RHK 1.84% 83.0¢ red hawk mining limited

Ann: $12.5m Entitlement Offer to fund Blacksmith Iron Ore Project, page-8

  1. 2,830 Posts.
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    Ahh, yes, well might be interesting who might want to buy RHK, but no doubt a few of us believe the company is being put in a position making it more attractive to potential buyers!
    I note some comments about the incentive shares issued to Steven Michael recently on achieving his 1st 12 months employment remembering a further 250,000 will be issued if he can last another 12 months.
    I kept thinking about the real prize for Mr Michael - 4million shares up for grabs on reaching some (unknow to us) performance hurdles relating to SP!
    And importantly this clause - "All performance share rights that are unvested will immediately vest on a Change of Control event." Easy money?
    I guess everything is for sale at a price, as long as we keep progressing down the production path, having options is always good.....


 
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81.5¢ 83.0¢ 81.0¢ $23.40K 28.84K

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1 1664 82.5¢
 

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Price($) Vol. No.
83.0¢ 2396 1
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