RHK 8.11% 80.0¢ red hawk mining limited

Rail approvals, page-82

  1. PS
    2,888 Posts.
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    Nothing! Look at the volume. And none sold to TIO! IMO, if TIO were prepared to pay 2.5c/Sh it MUST be worth far more! The CR will look at the 30 day VWAP and add a discount. IMO they will not announce the CR until at least 30 days after close of the TO offer to make sure that the 2.5c sells are not included. There is now good downward pressure on the A$ and that is good for us shareholders! I expect the CR to be announced by mid October. My guess is 2c/Sh and potentially a good buying opportunity for shareholders. Time will tell..... GLTA!
 
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