HWK 11.8% 1.5¢ hawkstone mining limited

could this be reason for rise?

  1. 10,482 Posts.
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    their company sonacom could benefit from the coastal surveillance ann by gov. Whether they get the contract or not is yet to be seen.

    The other aspect are the tsunami monitorins systems that will be installed in the Indian Oceans. I don't how these things work but the idea is the same, installing buoys on the oceans which relay information to satellites. Here is info from their website, and yes I do hold shares in this company and it probably is my most spec/dog stock.

    Monitoring the world’s oceans

    Incursions by sea into restricted or prohibited areas, terrorism, people smuggling, drug running, illegal fishing, environmental pollution…

    Sonacom is an Australian high-technology company whose scientists and engineers develop advanced, cost effective solutions to address these crucial issues. Sonacom works closely with customers to develop underwater acoustic solutions optimized to meet their specific requirements.

    The applications of Sonacom technology are as diverse as the needs of our customers

    Customs/Coastwatch/Coastguard – Terrorism, smuggling, illegal dumping
    Exclusive Economic Zones – Illegal fishing
    Aquaculture – Theft, vandalism
    Marine Parks – Illegal incursions, illegal fishing, pollution
    Offshore Oil and Gas Facilities – Security
    Defence – Acoustic ranges, submarine detection
    Marine mammals - Population monitoring, protection from siesmic surveys and military sensors
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