HAW
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0.00% 6.0¢ hawthorn resources limited

re: Ann: Corporate Restructure and Share Purc... Market cap at...

  1. hindsy123
    117 Posts.
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    06/12/11
    09:52
    Post #: 9396497
    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
    HAW Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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