HWK 0.00% 4.1¢ hawkstone mining limited

On a basis of just $0.60 per tonne of coal in the ground, even...

  1. 1,786 Posts.
    On a basis of just $0.60 per tonne of coal in the ground, even if we leave it there and don't bother to dig it out, and even only based on the measured Kangwane Central resource alone (not the targetted, the measured), which makes up just 20% of what we pretty much know we have (I conservatively estimate 1b tonnes on known drilling let alone new tenaments) our market cap should be $120m. End of story.

    Well it would be the end of the story if we had decent brokers rather than those who pretend to be behind it but keep selling. On that note, I have in-depth records of all buying and selling over the past 12 months. It paints quite a picture. It will be interesting to put the pieces together when we get notice of the York transaction details.
 
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