RHK 5.41% 78.0¢ red hawk mining limited

Todd gets nod for Flinders deal, page-99

  1. 12,161 Posts.
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    @SuperTim

    I must have worded my post badly it seems. I didn't say anything about signing an new MOU's and by the way an MOU is usually just that: a "Memorandum of Understanding" meaning two or more parties have intent and that's it, it is technically not a legally enforceable contract but a formal contract usually follows sometime later.

    The point I was trying to make was the "list" and the contents of those MOU's are re-useable and valuable as is past arrangements with other juniors of appropriate proximity or line of transport to that of the BB proposed rail/conveyor line. Mine or ore aggregation is yet another option open to the FMS Board if they get their act together.

    RTA or Todd wont be spending a brass razoo on any infrastructure until it secures an ore supply in a lock tight arrangement and has conditions on the other side of their equation, the off-take agreement, also met and the agreement locked in.

    There is plenty of wiggle room and options to explore for the FMS Board right now.

    Cheers
 
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