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0.63% 80.5¢ red hawk mining limited

announcement out, page-18

  1. Hussy
    2,076 Posts.
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    23/05/13
    15:32
    Post #: 11801254
    There are good and bad elements to this announcement, but more bad then good for me, however, how this reads to me is that a CR will be happening in due course.

    - $7.2m cash @ 31 Mar 2013
    - Spend for this quarter is estimated @ $2.4m
    - This drilling to start in June 2013 @ $1.2m
    FMS Price at posting: 4.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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