RHK 5.13% 74.0¢ red hawk mining limited

Ann: Presentation, page-76

  1. 392 Posts.
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    Absolutely spot on PS!

    No matter how positive we try to be, the TRUST elephant is always in the room, and is exactly the reason we MUST have a rock solid deal involving a very significant upfront payment and a rock solid royalty based dividend stream plus other benefits on the table before there is the remotest chance of a "YES " vote IMO.

    It is my very strong belief that everyone (FMS Board and BBIG) knew the current deal put forward never had any chance of getting through, but rather put it up as a way of getting dialogue with the minority shareholders in an attempt to see what it will take to get PIOP into the hands of BBIG.

    The many attempts to heist the PIOP out from under us for an absolute pittance are still very raw to all minority shareholders and hence we quite rightly simply have a complete lack of TRUST that anything has changed, and very much remain yet to be convinced otherwise.

    We will see what comes about for the next round of meetings.
 
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