RHK 3.45% 90.0¢ red hawk mining limited

1 billion tonnes

  1. 2,131 Posts.
    The predictions of 1 billion tonnes have no basis in fact. That is fact.

    The highest estimate for the two tenements combined is 779 million tonnes. That is fact.

    So far the ore that has been proven is so high in contaminants that it will need to be beneficiated, this equals less tonnes, how many is open to conjecture.

    It will be nowhere near 1 billion though. Closer to 300.

    If they do ever get the cash to build a bene plant, the product will be good, very saleable.

    Then there is that pesky transport question, oh and the port thingy, details hhhhmmmffff

    Good luck
 
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