HAW 4.84% 5.9¢ hawthorn resources limited

the fact that the term sheet between HAW and LCY is overdue( was...

  1. 1,466 Posts.
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    the fact that the term sheet between HAW and LCY is overdue( was expected mid Feb), I am expecting HAW's share of Mt. Bevan will be sold to the highest bidder. As I have been for some time, happy to sit tight until this all unfolds as any offer should be at a premium to the current market capitalisation.

    That leads us to the gold exploration and tenements currently in HAW's possession. A sale of HAW's stake in Mt. Bevan will lead to a windfall of cash of which may be used to ramp up exploration and development.

    We have also seen the recent Aussie Gold small cap success stories over the past 12 month's. Northern Star, Troy and Gold Road just to name a few. With gold around $1,700US, I look forward to the pending announcements regarding HAW's strategy going forward.

    Again to all do your own research. Interesting times ahead!
 
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