I tend to agree with you andres.
I do hope they find favourable lenders to stump up the cash, and if they can't maybe Viktor the chairman can use part of his personal fortune of 10 to 11 billion dollars for a loan to his own company. This money BTW makes this guy the 70th richest man in the world.
Personally I hope for the best outcome, someone gazumping MMK, due to the added attraction of the QLD Rail proposal. If MMK are playing silly buggars with the Elena story, then heaven knows they deserve to lose our ore.
We must remember that pre-GFC there were similar quality hematite orebodies going in buyouts of up to $6/tonne IGV (from memory), then post GFC I think I saw one for $1.50/t IGV, I think rail options existed for these however. So this 0.50c/T bid by MMK still looks damn cheap considering the rail proposal now in the mix.
thank you, thank you,, page-29
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RHK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
80.5¢ |
Change
-0.015(1.83%) |
Mkt cap ! $160.8M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 80.5¢ | 80.5¢ | $2.347K | 2.915K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 1694 | 1 |
View Market Depth
| Last trade - 15.15pm 26/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |