RHK 4.17% 75.0¢ red hawk mining limited

Next step for $5.6bn Balla Balla project, page-37

  1. 12,193 Posts.
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    Yup, we agree it isn't a take-over offer, it could be about the BFS (for a possible $800m raise to proceed with mining PIOP), it might be the Strategic Plan (divest SA tenements, divest Canegrass, develop PIOP for sale into BBIG etc.). It is worth having a re-read of the Original Bidders Statement for the 2.5 cent offer by the way as that is telling in terms of what might come next.

    I need one of those Born Champion kinda coffees about now.
 
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