HAW 0.00% 5.8¢ hawthorn resources limited

expanding upon the srk valuation, page-4

  1. 880 Posts.
    No problem Trees. Just trying to put some perspective into all of this.

    We should all be smiling in anticipation of what Phase 3 may bring. Consider this:

    a. The notion is that the resource may grow to 2bt at between 30% - 40%.

    b. Furthermore some of the inferred will move to indicated

    Now the question is, what is the price per tonne of indicated resource. This is a more 'certain' estimate of the resource (as compared with inferred), so should we expect a higher price per tonne for that category?

    As The Rolling Stones said, 'time is on my side'.....hard to be melodic using a keyboard, but you get the drift.

    GLAH

 
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