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0.63% 80.5¢ red hawk mining limited

why do you continually make assumptions that FMS will receive...

  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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