RHK 5.17% 82.5¢ red hawk mining limited

market cap, page-10

  1. 31 Posts.
    Thanks Ya.

    Given this (and being 'somewhat' conservative)

    If FMS has 300 mT of IO, it would be reasonable to say that the MC would not be exaggerated at $800m.

    At 1,200m shares (fully diluted), this would give an estimated SP of $0.66, without taking into account management, JORC, other ventures etc.
 
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