Hanking's Intentions

I've read through Hanking's Annual reports and their intentions are very clear; they want to own mines producing strategic metals;



Corazon is currently a low cost spec play for Hanking, but it's also complimentary to their existing Nickel mine in Indonesia due to Corazon's Lynn Lake tenement;



Hanking wants to be in production around 2020, so they need to acquire something soon;






This is the basis for my theory that Hanking won't hang around Corazon beyond this drilling campaign if the Cobalt resource is not increased. If my theory holds true, I believe Hanking will make an offer to buy Corazon once drilling results from this current campaign are released to the market, provided the Cobalt resource is viewed by Hanking to be economical. Based on the information provided to the market to date, including the anticipated updated JORC for Lynn Lake, which will for the first time include Cobalt, I think it'd be a reasonable bet this pans out. As such, I have increased my holding in CZN.