RHK 0.63% 80.5¢ red hawk mining limited

Simno, I agree with you totally about Rio. It is stupid to spend...

  1. 819 Posts.
    Simno, I agree with you totally about Rio. It is stupid to spend money building a 25 kilometre spur railway to join up with the Solomon hub to use the new FMG railway.

    10 cent take-out by Rio is the obvious way forward. I presume the A$1m drilling campaign to add an extra 300m tonnes of resource was to make it easier to escape the clutches of Rio and to help justify the higher cost of the alternative rail route so that we could be fought over by FMG and Rio to get a higher take-out price.

    Like you, I'm in the UK too!
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
(20min delay)
Last
80.5¢
Change
0.005(0.63%)
Mkt cap ! $160.8M
Open High Low Value Volume
80.5¢ 80.5¢ 80.5¢ $1.24K 1.54K

Buyers (Bids)

No. Vol. Price($)
1 2531 79.0¢
 

Sellers (Offers)

Price($) Vol. No.
89.0¢ 2368 1
View Market Depth
Last trade - 11.02am 12/07/2024 (20 minute delay) ?
RHK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.