As usual, I feel Hawthorn gives more informative updates about...

As usual, I feel Hawthorn gives more informative updates about Mt. Bevan:

Draft Magnetite Pre Feasibility Study (PFS) completed by Hancock Magnetite Projects Pty Ltd.

• Mt Bevan magnetite resource can achieve a Direct Reduction grade of 70%Fe, post beneficiation.

• Financial modelling to be completed in the current quarter following peer review and confirmation of capex parameters and magnetite pricing by JV partners.

• It is expected that following a peer review, costs of the key capital items, including power, water, processing and transport will be confirmed by the JV partners, enabling completion of the financial model in the current quarter.

That's much better - sounds like expedited BFS to me. Not to mention the post-ben 70% ore that will fetch a premium!