Welcome to the renamed and re branded Flinders Mines (FMS) now Red Hawk Mining (RHK). Let’s hope this “new” chapter finally proves successful and brings those long awaited rewards to all shareholders soon.
What have we got to look forward to? New name, hopefully new updated website, hopefully new attitude, release of a positive scoping study (before end of this quarter), MOU’s, announcements re approvals required, etc. Then onto the PFS with incremental improvements to reserves and viability. Then BFS and FID. Followed by project works starting in 2024 and a timeline to production in 2025. And maybe something out of left field as it is hard to believe that BBI/TIO may not throw in a TO or other proposals. Also, there is likely to be news on progress of other proposed ports nearer to our Pilbara deposits becoming available.
It has been a long road but hopefully the new look company led by Steven M will take Red Hawk to production, cash flow, profitability and shareholder dividends expeditiously. Here is hoping for an exciting and well rewarded journey. Cheers.
GLTAH
Flinders new chapter - Red Hawk Mining
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Last
92.5¢ |
Change
0.035(3.93%) |
Mkt cap ! $184.8M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 92.5¢ | 89.0¢ | $41.58K | 46.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3181 | 89.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
92.0¢ |
Change
0.035 ( 2.79 %) |
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| Open | High | Low | Volume | ||
| 89.5¢ | 92.0¢ | 89.0¢ | 2959 | ||
| Last updated 15.58pm 06/06/2024 ? | |||||
| RHK (ASX) Chart |