My expectation is for Malcolm to acquire a gold project. If you follow his linkedin, he has become quite the gold bug of late.
HWK projects are based in the United States and the MD of HWK is Paul Lloyd (who acquired two gold projects for HWK).
Paul Lloyd is also the 2nd largest holder of DLC under the company Coral Brook Pty Ltd. Malcolm Day is also a holder of HWK.
Paul Lloyd has a history of being involved in the acquisition of projects by vending them in along with CPS Capital (Jason Peterson), who was the broker and lead manager for the recent DLC raise.
To me, it is quite obvious the trajectory of the company and that is towards acquiring a gold project. Sunrise Minerals (of which DLC holds 60%) has also been involved in the acquisition of Gold projects.
Ann: Investor Presentation, page-39
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