FWIW a retrospective to a year ago when, in June 2019, the canny Bridget Carter’s ear to the ground was alreafy hearing “ Hanking” and of its’ long term interest in Gascoyne.
....an interest that preceded the administration...
cheers
https://www.theaustralian.com.au/bu...r/news-story/7f96bee40080cce7dd0c3aa5278dc5a8
“Offshore interests probe opportunities in gold sector
Offshore interests are targeting gold opportunities.
BRIDGET CARTER
JUNE 7, 2019
The second tier of Western Australia’s gold sector has taken a battering in recent weeks, rocked by the failure of Gascoyne Resources and widening production problems at Dacian Gold.
The debacles have hit sentiment in the sector hard, particularly those with emerging projects such as Bellevue Gold, down more than 10 per cent this week on no particular news.
However, the combination of a strong gold price and poor market sentiment has offshore interests again probing opportunities in West Perth.
Among those is Hong Kong-listed China Hanking Holdings, which picked up ASX-listed Primary Gold for $37 million last year and did pretty well out of its first foray into WA.
It bought St Barbara’s mothballed Southern Cross mine for $22.5m in 2013, rolled up a suite of tenements around the historic mine and reopened operations in 2015.
After sinking about $165m into the re-start, it flogged the lot to fellow Chinese gold play Minjar for $330m in 2017.
The company is said to have been in discussions with Gascoyne a few months ago.”
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