RHI 1.16% $4.35 red hill minerals limited

Yes Little Gem, Pitt and Tomkinson do put their own money into...

  1. 2,620 Posts.
    Yes Little Gem, Pitt and Tomkinson do put their own money into companies they are directors of and have a sound reputation. Given the WPIOP now looks much more likely to progress quickly after the AQA takeover, the value proposition looks one of the best around imo. If I could pick up more at around $1.50 I would....but that is looking increasingly unlikely.

    What I fear most is that an offer will be made by Boasteel/Aurizon in the medium term to get RHI out of the project. That offer would very likely grossly undervalue the company. However, I feel as long as Pitt and Tomkinson are there they will ensure full value to all shareholders. It is worth noting that over the years they have been diligent in ensuring minimal dilution of their stake without paying excessive director fees or bleeding the company with free options etc. Therefore I am confident of their aim to ride this wave to production and beyond. That's what I want too.

    regards
    DF
 
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