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7.41% 87.0¢ red hawk mining limited

FMS estimate a 16% discount to spot... that's real quality ore...

  1. SuperTim
    1,754 Posts.
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    18/12/15
    13:41
    Post #: 16644802
    FMS estimate a 16% discount to spot... that's real quality ore


    you should be thinking about the low cost high grade 150MT/yr of new supply from Roy Hill and Vale's S11D hitting the market in 2016 and where that places PIOP on the cost curve.. any thoughts or do you consider that down ramping?
    FMS Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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