Right on que, please read the ann from HAW and that will help you. The reason HAW is letting LCY have 60% of HAW is so Mt Bevan can be placed 100% under HAWTHORN (which I am sure LCY/NMDC will own 100% of one day anyway) and they are spinning off all the gold assets to another co. That is the deal, I've clarified this with HQ, they would be happy to chat if you call. All HAWTHORN's current gold assetts will be removed and placed into a seperate brand new company.
gold spin off company, page-6
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