HAW 0.00% 5.3¢ hawthorn resources limited

Yea, LCY is at 0.009c and falling like a stone.. I'm sure there...

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  1. 2,392 Posts.
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    Yea, LCY is at 0.009c and falling like a stone..

    I'm sure there are so many people following your track record of predictions...in your mind.

    Me stating that HAW directors are useless, or that the buy up last week was as a result of the SGQ run and nothing else is very relevant compared to the life is sunshine and rainbows and the stock is headed north so get on board..

    The facts are the company is churning thorough cash and will churn through alot more before any production is achieved. The resource base at Anglo Saxon is small, HAW own 70% of it and will need to spend money milling it at Saracen nearby but it still should earn some revenue.
    Their tie up with Feng Hua has been pointless with absolutely nothing achieved whatsoever apart from an initial revenue grab.
    The company is undervalued though and should be trading closer to 10c than 5c with a big emphasis on should. and could just as easily fall back to below 3c again.
    Last edited by johnnydust: 04/05/16
 
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