I think what people often tend to forget is that with good results in a BFS stage or any early stage of a young mining company is that there’s a large opportunity for the share price to rise. Hawson’s have a great management team, with drilling starting today. With up to 160 holes drilled in the next 3-4 months, expecting good results the share price will reflect that. Even if further down the track they for whatever reason can’t get funding, there’s still so much money to be made in this share at these prices.
Warning: this 9c share may only be worth $4 if the price of iron ore slumps to $100, page-64
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