RHI
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3.97% $3.87 red hill minerals limited

why no movement, page-4

  1. Wozza07
    245 Posts.
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    26/03/12
    16:14
    Post #: 9895224
    Atlas pays $33m for Daltons iron ore rights -

    Another positive for RHI if I am reading it right - Atlas pays $33m for 25% of 24mt = $5.50/t which would value RHI at say 100mt at $12.50/share. In addition Atlas will pay $5.50/t for additional reserves above 24mt on a pro rata basis.
    RHI Price at posting: $2.00 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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