HAW 0.00% 6.0¢ hawthorn resources limited

show me the money!!, page-62

  1. 2,444 Posts.
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    Thanks mate, welcome aboard and all the best.

    As for the doubters, I ask them to read the HAW shareholders newsletter dated 28/10/11.

    In it under Corporate it states

    - Over the past 12 months HAW has been approached by several equity and capital market parties with a view to direct investment in HAW.

    - Haw is evaluating the potential of spinning off of various projects to realise shareholder value.

    - Discussions have taken place with a party on production on DSO Hematite. THe deposit is located on the southern boundary with Jupiters at our Mt Bevan project. We eagerly await the result of Jupiter's feasibility study.


    What Im asking is, does this sound like a company short of options in terms of funding and getting value out of Mt Bevan? Is the ore going to suddenly dry up and disappear? So, then why do people with their own vested interest think that HAW will settle for some paltry amount at this stage of the game, heck, they could most surely do a deal with another party for the remaining 40% especially as NMDC wants to develop this project as a priority. 40% of 1.5 - 2 billion tonnes is still a heap of ore and a world class project.
 
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