RHK 5.00% 76.0¢ red hawk mining limited

FMS steps to Production, page-43

  1. 1,002 Posts.
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    Yes well said PS, I agree.

    As Mutley I think has pointed out on a few occasions, I am interested to hear the outcome and the consideration FMS has given to trucking IO to Port Hedland and sending it through Utah Point.

    I see this as being viable if a deal with a Shandong or equivalent Chinese or Korean steelmaker could be stitched up and enable funding towards mine infrastructure...
    This HAS to be a consideration - you cannot recommend a strategic way forward i.e. using a rail line without considering alternatives, which in the current market other miners (Atlas) are doing presently.

    Simply put, if a deal is proposed with some ridiculous $30+/ton rail access fee - the whole project will never get off the ground for either BBIG or FMS....IMO.
 
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