HAW actually did many wells in Mt Bevan. However, looking at their wells they seem to be all over the place, not reaching the foot of the ores and no JORC is possible. LCY is now systematically drill the Mt Bevan. HAW will give it LCY but LCY will face some dilution before the pre-feasibility. The way I see is $3.5mil is definitely not enough. They would need twice that amount to drill Mt Bevan. I like buyers coming to this stock, setting new resistance for future upward move.
HAW Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held
