HAW 0.00% 5.9¢ hawthorn resources limited

haw starting to move!, page-5

  1. 1,551 Posts.
    I think that the sale of our 40% of Mt Bevan if the parties can negotiate a price that is fair and reasonable to both haw and lcy.
    I believe that the Chinese involvement is primarily for the gold investment.
    I think that the presence of the Chinese ensures a better chance of this occurring. I cannot see how the Chinese would be interested in 40% of Mt Bevan it would not be a workable cohesive venture.
    But if negotiations with Lcy collapsed and the NMDC investment in Lcy stalled maybe they ( Chinese ) would become involved. If that occurred I think that the framework of the existing joint venture would need to be reviewed.
 
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