Yes Sainters there was some overlap between the resources in the...

Yes Sainters there was some overlap between the resources in the pit and subsequently planned underground mining:

‘An additional 23,000 ounces of Indicated Mineral Resource contained within the pit optimisation have been excluded from the initial Open Pit Ore Reserve as preliminary underground mining studies suggest that improved economics may be achieved by utilising underground mining methods.’ (ann 20 June 17)

Agree seals a ball-park $1300 AUD doesn’t seem out of place.

HAW has returned substantial sums to shareholders. Believe at least part of it was out of A$13.5m received from Saracen for a parcel of mines and leases in June 19. They distributed the same amount back to shareholders in 2020.

On the 24th of August 17 HAW announced a rights to raise A$6m to fund their share of the Anglo Saxon development. Guess the Market may be looking at MOH and expecting a similarly motivated CR after the JORC.