The Investment Doctor
Long/short equity, value, debt, base metals

Redhawk Resources Is Levered To The Copper Price

Introduction

In this article I'll have a closer look at Redhawk Resources (OTCPK:RHWKF) which aims to develop its Copper Creek copper project in Arizona, USA. I will provide a background of the project where after I will play with some numbers to see how the Net Present Value holds up when using a different commodity price. I will also discuss the risks associated with an investment in Redhawk Resources and as I consider the financing risk to be the biggest risk (and actually a deal breaker) I will discuss some potential funding options in a subsequent paragraph. This will result in my investment thesis at the end of this article.

Source: corporate presentation

As trading on the US...

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