lcy announcement out re new drilling program, page-35

If that article reads correctly, yes that is not good. I'm extremely disappointed, hopefully that will have no impact on what we hope to see go on in Australia.
No matter what, Hawthorns fundamentals remain strong and the IO tonnage should only improve. If anything happens with the NMDC deal then the worst for us will be a CR and for a company with good gold and IO tenements that's not so bad. On the bright side I do believe the Chinese still have a keen eye on everything ! :)
I still see Hawthorn running to at least to 3 plus cents in the short term, long term who knows how far ??