RHK 5.17% 82.5¢ red hawk mining limited

i will be voting 'yes', page-23

  1. 22 Posts.
    I fear these discussions are all now a waste of time as the deal seems done.

    However -:

    Capital raising through shares is one option.
    JV partners along the way is another option.
    Borrowing funds is also an option.
    Renting out OUR rail line could be an option. ($35p/tonne to build)
    A combination of all four above is yet another option.

    The revenue and share price that would flow through in 3-5 years with a company mining 1 Billion tonnes of 60% grade Fe over a 25 year mine life would almost of certainly been worth the short term share value dilution.

    I was willing to risk my capital on it when we were looking for diamonds.

 
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Last
82.5¢
Change
-0.045(5.17%)
Mkt cap ! $164.8M
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86.5¢ 86.5¢ 82.5¢ $1.115K 1.35K

Buyers (Bids)

No. Vol. Price($)
1 25 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
82.0¢ 35 1
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