RHK 1.27% 78.0¢ red hawk mining limited

new lows, page-10

  1. 2,131 Posts.
    Marcj

    Market cap is relevant at all times, how do you justify that it isn't? If you look at companies that are around the same market cap you will find that they are a lot further advanced (They have something factual, not dreams and wind)

    Then compare fms to companies that are at the same stage and you will see that fms are way overpriced.

    Companies need to have something to produce to become producers, fms doesn't and from the results so far, looks like it never will. Low grade ore needs to have the scale to be considered.

    Area E results on Wednesday will tell you more.
 
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