RHK 4.97% 84.5¢ red hawk mining limited

reported short sales, page-84

  1. 1,281 Posts.
    I don't consider us too much of a pawn, more like a bishop, rook or knight. The quality and increasing size of our resource cannot be sneezed at. As opposed to a measly take over, I would prefer an issue to sophisticated investors at 5c (or whatever, a premium anyway), if it has to come to that (i.e. The big boys are waiting to try squeeze us out. Our board has put a lot of time and effort into getting this far and I believe they hold FMS close to their hearts and is a life ambition for some to get this going and address challenges). I think the board has integrity and have professional mindsets, with personal drivers such as ambition and tenacity. Although dilution is never desirable, at a reasonable issue and price, long term would be in our best interests, providing that was the last. But I'm not putting the horse before the cart, it shouldn't have to come to that. The encouraging thing is we are in the due diligence phase. Something is brewing. If I was a Chinese investor, or a big boy in Rio/FMG, I would be licking my lips at FMS (i.e. Quality, quantity, location, completed studies, reports, etc).
 
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Last
84.5¢
Change
0.040(4.97%)
Mkt cap ! $168.8M
Open High Low Value Volume
84.5¢ 84.5¢ 84.5¢ $95 112

Buyers (Bids)

No. Vol. Price($)
1 5 80.5¢
 

Sellers (Offers)

Price($) Vol. No.
88.0¢ 10355 1
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Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
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