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$6.49 red hill minerals limited

Thanks for the extra details. I only valued RHI royalty on just...

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edgck

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19/04/24

22:40

Post #: 73434019
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Originally posted by dynofish: ↑

Hi Heeman
I am talking about tenements accumulated by the Aquila Resources API JV which are included in this project. Here is a structure chart from an announcement in August 2022 fyi.

So Onslow Iron is not just RHI JV tenements, and we did a deal to get royalties from some of the other tenements that are not actually part of RHI former assets including Bungaroo South. Here is a diagram of the stage 1 part that may help understand.

So there's ultimately Kumina and I also think there are tenements to the south east as well, but not sure. But there are later stages to the project that RHI has no claim to royalties from. Hope this helps.

Regards
DF

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Thanks for the extra details. I only valued RHI royalty on just the Minres tenements alone.
This could mean the royalty could last longer

My only wish is they acquire a project with more potential. The current base metal and gold results across their projects have been underwhelming so far.

Seems today there was a bit of FOMO today

RHI Price at posting: $6.48 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $6.49		Change 0.060(0.93%)		Mkt cap ! $414.7M

Open	High	Low	Value	Volume
$6.43	$6.49	$6.30	$4.079K	638

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No.	Vol.	Price($)
1	280	$6.30

Sellers (Offers)

Price($)	Vol.	No.
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No.	Vol.	Price($)
1	280	6.300
1	770	6.250
1	2000	6.000
1	200	5.600
2	2200	5.500

Price($)	Vol.	No.
6.500	2173	1
6.650	31	1
6.810	1499	1
7.130	1500	1
8.230	2001	1

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