RHK 5.00% 84.0¢ red hawk mining limited

Glencore, page-6

  1. 3,062 Posts.
    given all the intrigue and Todds position it leaves open a risky but doable trade position if a third independent party were to push up the sp. price of fms to 3c or maybe 3.5c, given Todd probably need PIOP for overall viability and they are simply stalling to reduce capital outlay a predatory trade position could push price up increasing TOdds cost base and eroding balance sheet making a viable position for a large scale mining operator, which Todd are never likely to be, their proposal reminds me of the infantile attempts by a large family company I was employed , when they dictated terms, so many holes---I think Todd have opened a gate where they can lose all start capital with minus return inclusive of RTA
 
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