RHK 1.91% 80.0¢ red hawk mining limited

The only hope for more money is counter offer (i think were...

  1. 1,322 Posts.
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    The only hope for more money is counter offer (i think were dreaming), if none is forth coming then 30c is good. Only because, production estimates blew out from 2012 fastrack, to late 2014, and in real terms probably 2016, by then IO could be $200 tonne or $55 t. By then Australia alone could be exporting 4btn a year , with Africa, Brazil and other countries exporting etc who knows there might be an over supply. That's 4 years away.

    All speculation. "one in hand better than two in bush"
 
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