HAW
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1.69% 5.8¢ hawthorn resources limited

Ann: HAW Dec23 Quarterly Activities Report and Appendix 5B, page-19

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  1. Redtank
    95 Posts.
    lightbulb Created with Sketch. 55
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    22/02/24
    17:02
    Post #: 72542398
    I think a very real possibility is that HAW will accept a royalty rather than push in all their chips on a BFS and then have to find billions more for the mine build. Leave it to Hancock and India and wait for the millions to roll in .

    Yes, the money would be some years away but the upcoming PFS will enable a valuation for future royalties which should last for decades.

    Keep the faith,

    Redtank.
    HAW Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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