HAO 0.00% 23.0¢ haoma mining nl

ago takeover of gir - implications for hao?

  1. 262 Posts.
    High volume today - must be to do with AGO takeover of GIR??
    HAO has a joint venture with GIR having 25% of the rights to the Mt Webber project.

    Daltons Joint Venture: Haoma Mining NL (25%) Mt Webber Joint Venture with Giralia
    Resources NL (75%) with a mineral resource estimate of 35.1million tonnes @ 57.2% Fe.

    At the AGM in Nov-
    "The Directors are at present considering several alternative propositions, including selling
    Haoma?s 25% Dalton?s share to one of numerous interested parties or ?spinning off? a
    separate iron ore mining company."
 
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