HAW 0.00% 5.8¢ hawthorn resources limited

haw vs lcy, page-5

  1. 3,281 Posts.
    I recently bought in LCY after looking at the two:

    Comparisions:

    - Both have around 3 qtrs worth of exploring until funds are needed
    - LCY have rumorered to be organsising a JV with India, so they are proactive in finding alternatives to coming to the share holder for funds.
    - HAW has 1,775,595,897 odd share on issue compared to LCY 180,103,280
    - HAW has net asset backing of 1c, LCY 10c
    - Both management teams are questionable
    - HAW will possibly consolidate in the future.
 
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