HAW 0.00% 6.3¢ hawthorn resources limited

heamatite drilling, page-33

  1. 4,395 Posts.
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    Both sides of the camp need to take chill pills over this ann.

    I believe the ann was a smart move by HAW management. Why wouldn't you try to line up two sets of results paid by third parties that benefit Mt Bevan, which is currently owned 100% by HAW? The sneaky reference to Red Rock was also a beauty.

    Management is only trying to highlight the instrinsic value of it's main asset. At the same time by sending someone over to the site they show their keen interest in the JV (even if they may not be long term). Lawyers can be clever and HAW's lawyers certainly are. They have shown that along the way. Dummies don't raise $3 million in tough economic times via a SPP without some sort of credibility.

    Many say perception is reality. The perception from this announcement is a good one IMO, and that is what matters.
 
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