Regarding the $5,000,000 placement, why would an institution want to step up and commit that sort of money to only become a minority S/H in a company controlled by Hawkes Point?
HP have thrown good money after bad on this time after time, they are into it so deep they cant afford to cut it loose and let it fail.
I'm glad I sat back and watched from the sides after the last 1/4 report, the "operational turnaround" that was being pushed was always going to fall apart once the UG ore was removed.
It just seems there always is just another problem that needs to be fixed with this operation. What is the Co going to do differently this time around with a fresh bag of money - nothing its just the same old tired rebadged project.
Best of luck.
LP
Regarding the $5,000,000 placement, why would an institution...
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