RHK 0.63% 80.5¢ red hawk mining limited

Rail line supported, page-55

  1. 391 Posts.
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    TIO/Todd etc would be excluded from a vote on PIOP deal with BBIG because they have a majority interest in both parties ie BBIG and FMS (which wholly owns PIOP) In my opinion

    FMS BoD have a fiduciary responsibility to ALL S/H and any deal done to the benefit of a major S/H would open them up to substantial litigation and most likely a holiday courtesy of Her Magesty.

    IMO with the passage of the BBIG rail link through WA parliament this substantially strengthens the FMS position and anything less than a fair/good deal for all FMS S/H will lead to certain class action against the BoD with serious ramifications for all board members.

    The forensic microscope is operational and watching every move with great interest.
 
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