HAW 0.00% 5.8¢ hawthorn resources limited

theory 258, page-50

  1. Iay
    108 Posts.
    Could a theory as simple as this be true?

    Someone is buying HAW because just a few days ago India's biggest steel steel producer bluntly gave a timeline to get Mt Bevan producing within a couple of years. A timeline released into the market by LCY, their vehicle in Australia. A timeline that has the weight of several billion dollars.

    And throw in the independent valuation of Mt Bevan that is about 5 times HAW's current market cap without the recent upgrade and the expected future upgrades.

    Either that or Aliens.
 
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