RHK 4.41% 71.0¢ red hawk mining limited

Just thinking out loud ..while the big three are choking each...

  1. 747 Posts.
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    Just thinking out loud ..while the big three are choking each other and waiting for the smaller miners to pass out while their share price gradually declines so they can fulfill their goal to have the majority stake & control in the iron ore market .
    What does everyone think will happen?
    I remember someone saying here "what do they think once prices come good again eg Chinese closed mines that they won't open again" good question?
    Is it good timing for fms to be in there beginning stages of infrastructure process ? I know that doesn't sit well with all holders but I'm just looking at the current situation ..
    My other question is with global consumption increasing at a slower rate some Chinese mines closing what is the amount of fe supplied by the big three and what is the global consumption?
    Lastly is there any other mines like fms that have that type of resource in a good location close to existing infrastructure (that hasn't helped as yet) but distance wise isn't to far from port?
    Good to see OCJ buying more generally a good sign whoever they are ...
    Hopefully this rail approval don't take to long...
 
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71.0¢
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68.0¢ 71.0¢ 68.0¢ $7.901K 11.42K

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Last trade - 15.06pm 29/03/2024 (20 minute delay) ?
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