Short Term Trading Weekend Lounge: 30Dec - 2 Jan, page-4

  1. 6,951 Posts.
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    if you guys have not yet checked out HOG now might be the time

    just a few points of interest

    1. sale of ukraine asset for use of funds to pay off debt (500k) and provided working and look for new opportunity's

    2. 2 million market cap @ 0.007 approx with 600k cash and only 333 million shares on issue. cashed up with no share dilution

    "The Company intends to use the funds received to reduce its debt and provide working capital whilst it pursues new opportunities to recapitalise the Company. "
    of US$1,000,000 has now been received from Tomeas, including the original US$100,000 deposit"

    3. With respect to the future of the Company, directors are in advanced discussions with an Australian entity that has expressed interest in providing financial support and pursuing Oil & Gas opportunities in more politically stable countries. Hawkley looks forward to providing further updates in due course.  

    this imo could be massive, a mother company happy to provide financial support, what this should mean to HOG holders is increased market cap with out the need for CR and dilution. or at least only a small CR maybe a 50/50 split between HOG and the other identity.
 
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