HAW 0.00% 6.0¢ hawthorn resources limited

Ann: Corporate Restructure and Share Purchase Pla, page-45

  1. 117 Posts.
    re: Ann: Corporate Restructure and Share Purc... Market cap at 21mil.
    current mt Bevan 100% worth 174mil. 40% = 70mil.
    upgrade to 2.5times this resource as imminent as LCY 60% ownership. Therefore HAW resource = 2.5 x 70mil = $175mil.
    Are you seriously suggesting that we cant get funding? We are valued at over 800% market cap + gold. Glad that the management are offering shareholders 1cent deal. Of course we are going to need money to develop. No surprise just glad it has been offered to shareholders. Wonder if the $15k max limit is to prevent LCY getting in at bargin price. We will make them pay through their teeth later......

    IMO
 
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