No debt, Net Cash 14 mil. Net MC 29.5 Mil.
Super cheap for HAW's stakes in the Hancock driven magnetite and non-magnetite Mt Bevan JVs.
Bit of a slow burn, as Hancock gets a handle on the resources and business case - but all leading to a major , potentially legendary, multi-resource bonanza at Mt Bevan.
No sweat..... with 20 years of funding at current levels on hand, forget any fear of "CR death spirals" etc....
HAW's negotiating a little easy short-term monetisation at Trouser Legs, while clearly interested to sell off the asset and focus on the obvious big winner, Mt Bevan.
No debt, Net Cash 14 mil. Net MC 29.5 Mil. Super cheap for HAW's...
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