RHK 7.41% 87.0¢ red hawk mining limited

The Ann should open the door now to any other potential bidders...

  1. 75 Posts.
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    The Ann should open the door now to any other potential bidders as it should definitely go ahead.

    Best business fit is for Rio obviously with infrastructure the closest.They could be in Business selling FMS -DSO this year if they picked it up soon.Furthermore they might grab it just to keep another player from emerging in the NW.

    The wild horse is Vale.They have a stated intention to get into the I/O business in Aus and they have abundant capital reserves.There last profit ANN is staggering.

    Past reports have valued FMS at .50 to .63c approx de risked which is exactly where they would be if RIO picked them up

    Still holding and luck to all
 
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