I followed up a different rumour on the thread Josh. ...if you look at the announcements you will see a recent report that reads like a for sale pamphlet and someone on the thread ‘with an ear to the ground ‘ said Hanking subsequently made a site visit two weeks back. (@albatross maybe this visit and finalising details resulting from it is what is causing the delays?)
In 2018 it stated it wanted to increase it’s Australian gold portfolio : http://acbr.com.au/hanking-primed-australian-gold-comeback
“Hanking primed for Australian gold comeback”....
This is what it might do for Gascoyne if it Funds the operation? .....keeping NRW in as contractor and funding the development to discover new resources and go on for many years?
https://imarcmelbourne.com/glsponsors/hanking-australia-investment/
.... “Hanking Australia acquired the Southern Cross Gold Operations when it was in care and maintenance from St Barbara Limited for $20 million in April 2013, revitalised the rundown assets through extensive exploration, feasibility studies, open-pit and underground mine developments and processing plant refurbishment and brought it into production in February 2015. Hanking Australia increased the JORC reserve from zero to approximately 1 Moz gold and JORC resource from 2.4 Moz to 5.2 Moz gold by April 2017 when it was sold for $330 million. Hanking Australia created +500 jobs, paid more than $100 million tax and royalties over the last five years and created significant values for all stakeholders...”
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