whats going on, page-19

"both companies will hold an equal say in mine development"

You are correct Ocka, they also will have to come up with their 40% of development costs if they want to stay around to production.

I dont want to stick the boot in on a day like this, although the fact there have been no external financing options mentioned by HAW management is worrying, and the market is factoring in this risk.

LCY is also under pressure, although the fact they have $15m in the bank and a cornerstone investor with $4b cash has derisked LCY significantly in times like we are seeing.
LCY should also benefit greatly from these terrible markets as future acquisition which were previously too expensive will become more affordable.

Fingers crossed!