Hello Rob440I have been a friend of HAO for over 25years, if all...

Hello Rob440

I have been a friend of HAO for over 25years, if all of the below come true I will have to pack the kids and wife in the car and head up there to see it with my own eyes.

Below from the Annual Report

Except for a relatively small amount of residual
working capital debt owed to the Roy Morgan Research Centre, Haoma is now for all practical
purposes, debt free. As Haoma moves to a position of future profits, shareholders should appreciate
the significance of this restructuring.

Haoma’s 2023/24 revenue forecast is approximately $11 million and an estimated profit after all costs,
of $4 million.

Haoma is now conducting a series of tests with bulk samples of Bamboo Creek ores so the Bamboo
Creek Plant can be upgraded to process commercial quantities of gold bearing ores using the Elazac
Process.
It is anticipated ore from the Kitchener Mine low gold grade dumps (approximately 500,000 tonnes,
gold grade < 0.5g/t) will be used for the initial bulk ore samples processed in the first Quarter of
2024/2025.
Elazac Process laboratory trial test work with ore from Kitchener Mine low gold grade dumps
recovered gold bullion which resulted in a calculated gold grade of 4.5g/t.

Cheers Make it so