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Hannans to sell-off WA nickel projects

Exploration firm Hannans Reward is planning to offload its nickel sulphide portfolio in Western Australia to focus on the development of its Kiruna iron project in Sweden.

Hannans’ WA porftfolio comprises the Forrestania project east of Hyden, the Lake Johnston project west of Norseman and the Queen Victoria Rocks project near Coolgardie.

Chaiman Richard Scallan said the company would commence discussions with potential investment partners to further develop and enhance the projects.

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Hannans (HNR)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/17

1 year TSR5 year TSR
83rdTriangle Energy Global183%7%
266thSundance Resources33%-60%
505thRox Resources-6%-3%
540thHannans-12%-1%
727 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/11/17
$0 Issued
06/11/17
$0 Issued
06/11/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

51st↑Rox Resources$17.1m
52nd↑Triangle Energy Global$16.8m
53rd↑Hannans$13.5m
54th↑Sundance Resources$12.4m
55th↑India Resources$11.4m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Hannans

1222ndJonathan Murray$16k
1631stMarkus Bachmann$16k
Ranked by total remuneration from all listed WA companies

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