Well, I’d say most of us saw that coming.
Haw didn’t have the capacity to contribute to the $5B+ capex, so opting for the 1.0% royalty was a smart and strategic decision. While it may take some time before mining begins, this future royalty could be worth $400M+, assuming they go ahead with this project. As they get closer to mining and selling ore, there’s a strong chance they or someone might end up acquiring Haw.
Ann: Mt Bevan Iron Ore Joint Venture - Royalty Election, page-2
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HAW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.43M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22901 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 9001 | 1 |
View Market Depth
| Last trade - 16.12pm 18/10/2024 (20 minute delay) ? |
| HAW (ASX) Chart |
Day chart unavailable