OK DGH i'll buy into your petty baiting.
HAWs management have brought a large iron ore resource of unknown quality or quantity , worth sweet f-all, up to a jorc compliant 2 billion tone high grade resource worth a sh*% load.
Sure they paid 60% for it but as far as assets in the ground go they are a lot further ahead than they were 2 years ago.
The sp doesn't reflect it's value but HAW isn't the only one in that boat. Look at LCY for example.
ann just in, page-26
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