HAW hawthorn resources limited

grand sale! grand sale!, page-38

  1. 3,694 Posts.
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    B/coffee, wouldn't be surprised if NMDC made a T/O play for Haw's 40% Mt Beven stake!

    Some will argue they won't because the FIRB will block the deal but I wouldn't consider such a deal monopolistic with many other I.O. producers/explorers listed on the ASX!

    Others again will argue that Lcy is NMDC's Australian investment vehicle which I would agree with, but Lcy may have another purpose for the $200 mil LOC and if that is the case and I could be wrong, then NMDC could purchase haw's 40% stake, 50% say in the Mt Beven Project!

    Face it, the add makes Mt Beven appear to be NMDC's project!

    I'm speculating of course!
 
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