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 31/08/16

1 year TSR5 year TSR
10thMiddle Island Resources981%-22%
97thHannans Reward200%-37%
418thKing River Copper9%-29%
612thRed Emperor Resources-24%-42%
777 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


165th↑Hannans Reward$499k
182nd-Anatolia Energy$350k
183rd↑King River Copper$342k
185th↑Middle Island Resources$338k
186th↑Red Emperor Resources$335k
524 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Hannans Reward

443rdDamian Hicks$325k
thAmanda Scott$262k
1527thOlof Forslund$44k
Ranked by total remuneration from all listed WA companies

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