Geez, nearly $5m in cash flow from operations in the December quarter alone (for a company with a market capitalisation of $19m).
Not sure if this includes revenue received from parcels 7, 8 and 9 (presumably received after the quarter ended, so I'm thinking it probably doesn't?).
As someone commented on here a while back, HAW's PE ratio is going to be staggeringly low at the end of this financial year.
Also it's good to see some additional clarity emerging about next moves after the current mine plan is exhausted around the middle of this year - looking promising on multiple fronts imo (ie. not just extensions to Trouser Legs):
Hawthorn is progressing a Mining Proposal that when approved will see mining and toll milling of the existing Box Well Resource carried out during the 2nd half of 2019.
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- Ann: HAW - December 2018 Quarterly Activities and Cashflow Report
Ann: HAW - December 2018 Quarterly Activities and Cashflow Report, page-2
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