HRR 0.00% 4.5¢ heron resources limited

Zinc- Outlook 2016 and beyond, page-12

  1. 4,666 Posts.
    lightbulb Created with Sketch. 906
    Explain the difference:

    HRR - market cap of $50 million backed by $25 million in cash with 100% of quality, high grade, large zinc resource, fully permitted, good location blah blah blah blah blah

    RXL - market cap of $35 million, bugger all cash, 30% of un-permitted high grade, large zinc resource near the centre of the earth in the middle of nowhere.

    I don't get it.
 
watchlist Created with Sketch. Add HRR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.