HAW 0.00% 6.1¢ hawthorn resources limited

mt bev fair value, page-10

  1. 223 Posts.
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    Phase 3 drilling not designed to boost size of resource as much as to boost the confidence of the existing results (moving from inferred to indicated), phase 3 drilling 2 km central zone (20% of strike length). If these results give us a 500+ million tonne indicated resource then just that 20% of strike could be worth more than our combined market caps.
    With plenty of money to keep us going until Q1-Q2 2013 we just need to be patient and wait for results from bevan and gold IMO.
 
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