Not looking for a slanging match Brenjamin - just pointing out that not very long ago and with the sp more or less where it is now HAW was running out of cash and its`only hope were the likes of us shareholders and a discounted rights issue which could not have raised more than 0.6 cents per share and was unlikely to have been well supported .It had nothing of value as it had nothing JORC`d.
The Chinese money raises twice as much per share and allows at least 3 gold projects (Anglo-Saxon,Coffey Bore & Whiteheads) to be JORC`d which combined with the imminent resource upgrade at Mt.Bevan puts real value into the Company - something that has not begun to be reflected in the share price.
Interesting from the Quarterly was the intention (rather than just to pursue the interpreted extension) to undertake an aeromagnetic survey of the porphyry at Coffey Bore and beyond. Must think that this could feature on a regional scale. Looks a stand-out project in terms of profitability so the bigger the better.
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- new ann out!! first money received ^_^
new ann out!! first money received ^_^, page-35
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