mexican standoff, page-3

will give LCY a ammunition / bargaining power to but out Mt Bevan (cheaply). HAW would be lacking the funds to operate and may require to do another CR - not a good sign (desperate move)

From the announcements so far, HAW is planning to sell out of Mt Bevan (splitting of corp structure) and hoping to use the funds to pursue GOLD.

I reckon the money is on IO - Mt Bevan. They should not sell out and should hold on to it. The longer it stays with us, the more valuable it will become - This is where the issue is. HAW to operate for longer, they need CASH - hence SPP.

Take up of 50% above would give them a breather.