HIO 7.69% 2.4¢ hawsons iron ltd

Ann: Hawsons secures A$ 200m equity funding package, page-215

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  1. 1,449 Posts.
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    What a great announcement and thanks to all the great posts here regarding a summary of the LDA deal. It seemed pretty good to me.

    What this tells me is that we're hurtling toward the construction phase at a rapid rate. Since Bryan G. has taken the reins he's really taken the bull by the horns. Not only has he sorted out previous management issues and organized funding for the BFS, he's also brought forward the timeline to production. With a couple of hundred mil on tap, he can begin construction as soon as the mining license is granted. I can't help but think - by the way things are progressing and Bryan's confidence in the project - that the EIS, pilot plant, drilling, engineering plans for the permanent mills etc., are all coming along nicely.

    If it is Regal who are dumping, all I'd like to say is - thankyou for the opportunity to buy more shares at such a cheap price.
 
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