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0.00% 5.3¢ hawthorn resources limited

LCY own 60% Mt Ida @ 1.3c = $18m with $6m cash = $12m EV for 60%...

  1. shumbi
    1,217 Posts.
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    29/04/16
    15:49
    Post #: 17635074
    LCY own 60% Mt Ida @ 1.3c = $18m with $6m cash = $12m EV for 60% Mt Ida

    HAW own 40% Mt Ida using LCY value = $8m + $5m cash = $13m = 7.6c

    So 7.6c on look through based of LCY's price. Not considering the value of our gold exploration.
    HAW Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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