HAW 0.00% 6.1¢ hawthorn resources limited

research report out-mt bevan re-rating soon, page-61

  1. 701 Posts.
    lightbulb Created with Sketch. 15
    Much appreciated,Bigstar-that`s a pretty decent comparison and can see why you used it.

    Note in particular the 250-350mt initial target for the northern run of magnetite. Always sensible to be conservative before any definitive drilling campaign and no confirmation of the geology here but the run from Mt.Ida in the south through to Mt.Mason/Mt.Bevan (considered to be a continuation)is of a consistency and if the northern extension is an offset of this run you would hope for many more tonnes than that.

    Starting to wonder whether LCY/HAW would be better off selling the western BIF only and for HAW to then use some of the proceeds to JORC the northern section and some to drill its`gold.

 
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