At last some open discussion happening on finance. LOL
Cobyau has pointed out that HAW has 3 million in the bank, which is exactly what i was trying to point out earlier, which holders dont want to know about. The 3 million would be wiped out in no time, paying for HAW share of expenses on Mt Bevan from now on or if they did some more drilling on their gold tenements.
If an offer doesnt come for the remaining part of Mt Bevan which holders seem to be counting on, what are the choices they have left? What is plan B
Will they just sit and slowly dwindle the 3 million on admin fees until its all gone?
Will they do another credit raising and further dilute shares on register?
Will they give up more of Mt Bevan for finance?
These are legitimate questions facing the future for share holders and not about bagging the company or down ramping as some want to bait it being.
Im sure behind the scenes their is lots happening on getting an outcome one way or another and for now we can only speculate and throw up ideas.
HAW Price at posting:
18.0¢ Sentiment: Sell Disclosure: Not Held
