RHK 1.25% 81.0¢ red hawk mining limited

Well it is the last of the Pilbara Fe jewels so to speak .. so...

  1. 24,192 Posts.
    lightbulb Created with Sketch. 5566
    Well it is the last of the Pilbara Fe jewels so to speak .. so you need to make your move now or never IMHO ...there will be more bids perhaps several ... I know FMG want it... Rio/BHP do not but the indians do .... I think the chinese will have the most to say as they have more to make out of h.grade Fe than everyone else.. the Indians have a fare amount of FE in India. China's internal stocks of fe are dwindling fast.


    So FMG or the Chinese is my guess... How valuable would it be to the FMG given they will build rail right up to the gate anyway ... to make $$$ the will just need to get the DSO on to the train...
 
watchlist Created with Sketch. Add RHK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.