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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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/09/16

1 year TSR5 year TSR
52ndHannans Reward325%-35%
179thBMG Resources100%-52%
278thGold Road Resources43%10%
546thLegend Mining-10%-20%
608thGWR Group-25%-40%
774 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$5k Bought
$30k Bought
$15k Bought
Total value as at the date of the transaction
Source: Morningstar


169th↓Legend Mining$465k
170th↑Gold Road Resources$463k
171st↑Hannans Reward$445k
172nd↑GWR Group$443k
173rd↑BMG Resources$432k
519 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Hannans Reward

455thDamian Hicks$325k
thAmanda Scott$262k
1576thOlof Forslund$44k
Ranked by total remuneration from all listed WA companies

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