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0.63% 80.5¢ red hawk mining limited

BBJV, page-41

  1. ocka
    3,643 Posts.
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    28/10/14
    17:32
    Post #: 14195438
    I'm hopeful that a gate sale of high quality ore could be sold to an interested body such as a Chinese steel mill or banking corporate?

    The sale could realise a cash stream for in ground ore at a discount to current market price and the ore would remain at that price even if mined in years time when the price of iron ore has recovered?

    Such a deal could make a savvy institutional investor a tidy profit without diluting our holdings nor would we need to grovel with the Todd Corp over operating costs? IMO.
    FMS Price at posting: 2.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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