RHK 0.00% 83.0¢ red hawk mining limited

Just a few thoughts. RTA closed at 20c yesterday. It hit 28c...

  1. 2,400 Posts.
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    Just a few thoughts.
    RTA closed at 20c yesterday. It hit 28c this morning.
    Has anyone notice the number of FMS options expireing June 2014 at 8.4c in the presentation.
    I think companies can issue 15% of new shares without SH approval.
    Mgt has done the right thing till now, not going in a debt or cr spree over the last two years.
    RTA has a bigger Capex than FMS, and good luck to them, they have done there homework.
    I’m very pleased BCK is not involved. I think we would still be in discussions in 5years time.
    By having a trading halt it will limit traders and could be an advantage to long termers.
    The trading halt will also guarantee to some extent a full take up of the capital raising.
    It could very well be at a premium.
    I love that FMS only has to look after developing the mine.
    Good luck to all It’s been a long two years,
 
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