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7.41% 87.0¢ red hawk mining limited

independant expert , page-2

  1. Hussy
    2,074 Posts.
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    10/01/12
    21:50
    Post #: 9533188
    "Are there any chances that this report will indicate that the true value of FMS should be at least double the current offer or is that wishful thinking?!" - Very unlikely

    At 30c a share and JORC of 917mt the Russians are getting this for 60c a tonne.

    Look at what IOH sold there last two tenement transactions for? That's why I am hoping $1 per tonne MIGHT be achieved i.e. 49.5c


    FMS Price at posting: 28.3¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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