HAW
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1.69% 5.8¢ hawthorn resources limited

Ann: LCY: Drilling to commence at Mt Bevan for nickel, page-25

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  1. Hedg
    920 Posts.
    lightbulb Created with Sketch. 1136
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    27/06/19
    16:41
    Post #: 39272541
    Yes. I'd calculate 20c+ to be fair value based on cash held and NPV from current operations - notwithstanding that Trouser Legs' resource seems to get bigger every time it's tested.

    While NPV from more fully developing HAW's resource portfolio could put the SP in a different universe altogether.
    HAW Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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5.8¢ 		Change
-0.001(1.69%) 		Mkt cap ! $19.43M
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5.8¢ 5.8¢ 5.8¢ $9.472K 163.3K

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