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3.05% 79.5¢ red hawk mining limited

was the announcment deserving of a 2 day tradi, page-14

  1. bungy234
    13,179 Posts.
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    02/04/09
    09:35
    Post #: 4971248
    Nice One

    Don't know how you got 86.16?

    [(55.4) / (100 – 5.7)] x 100 = 58.7% CaFe

    • 100 minus 5.7 equals 94.3
    • 55.4 divided by 94.3 equals .587
    • .587 multiplied by 100 = 58.7% CaFe

    You show me a JORC within the last couple of years where the calcined fe level is below 60%.

    You're quite welcome to slip over to the UMC thread and debate any item of concern, but it should be a genuine concern, not simply a retaliatory post.
    FMS Price at posting: 7.4¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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