HAW 1.69% 5.8¢ hawthorn resources limited

renes i agree it did read that way ie focus on the gold. with...

  1. 4,803 Posts.
    renes i agree it did read that way ie focus on the gold. with 15mill (assuming the deals gets signed off) haw would be able to drill the crap out of the gold. they believe they can have something in a position to produce within 12 months of the deal going ahead. assuming the dso haemetite works out they would also have enough to pay 40% towards getting that into production prior to the huge capex of the magnetite. end game for haw may not be to hold onto the iron ore but based on the scenario above it would keep them in the game longer until the full value could be unlocked out of bevan. if this 15mill deal goes ahead it will be a game changer for both haw and lcy imo.
 
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