HAW 0.00% 5.8¢ hawthorn resources limited

trading halt, page-24

  1. 5,821 Posts.
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    I agree with you that LCY got the good deal and in fact the money is all from chinese steel mill's associates. Unless HAW has the ability or connection to do so, it's at least good for us to see this iron ore project accelerated. At ~$10mil market cap, I still see it is too cheap for us investor if thinking about the 40% ownership of that iron ore. To me, the market cap will at least double once LCY ann drilling programe and will at least trible once the first set of good drilling result are available. That is within months and too good for the investment. I am in and waiting.
 
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