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5.41% 78.0¢ red hawk mining limited

not the end but new beginning, page-5

  1. SuperTim
    1,754 Posts.
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    07/04/15
    21:49
    Post #: 15046736
    why do you continually make assumptions that FMS will receive the spot price 62% Fe for their ore?
    As per the investor presentation, ~250Mt @58% Fe..

    with IO at $US47/t
    less $US2.50 for every % below 62%
    $US37/t, assume AUD75c
    you get $AUD49/t for the FMS ore..

    your $AUD71.5/t is a complete falsehood..
    FMS Price at posting: 1.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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78.0¢ 		Change
0.040(5.41%) 		Mkt cap ! $155.8M
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78.5¢ 78.5¢ 78.0¢ $1.272K 1.63K

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