HAW 0.00% 6.1¢ hawthorn resources limited

let's end this farcical situation.

  1. 1,551 Posts.
    Once and for all Legacy should extact from NMDC a firm commitment one way or the other about the Mt Bevan project.
    Do they ( NMDC )want the project and if so how will they fund the purchase of our 40% equity. I am sure discussions are taking place between lcy and haw, and who knows they may reach agreement at any given time, but if so how do Legacy fund the purchase given the current non performance of NMDC in providing this much discussed line of credit for $200m.
    If NMDC are non committal about funding then the project should be put on hold until the joint venturers reach agreement on where the project should head.
    Alternatively haw should approach its" Chinese consortium to see if there is any real interest in developing this project through to production or some other stage.
    The time for straight talking and planning has now imo reached crisis point and must be resolved.
    If lcy decide they are not in a position to develop the project any further and the Chinese express genuine interest, then negotiate with Lcy to take them out of the picture.
    What do you think?
 
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