HRR 0.00% 4.5¢ heron resources limited

is there anybody out there lol, page-19

  1. 19,547 Posts.
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    From my understanding WA Govt has been buying pastoral leases for a while.

    Anyway some bright spark in cabinet decided to propose conservation orders on all, which affects a number of WA miners across the state, some more than others. Obviously they didn't investigate what impacts this may cause.

    KNP is a minor hiccup, worst case is that conditions will be set on the section of pastoral lease that affects KNP, I believe the effected are is around Goongarrie Hills.

    These is nothing of note worth preserving in that part of the tenement.

    Both sides of politics and industry representatives are against this.

    Business as usual, Jump Up not impacted by this.

    My base model is Nickel Price low price of $18000/t

    10000 tpa from Jump up at the low price with a PE of 8, USD 0.88 equates to a target SP of around $1.92

    Then add further upside with resource upgrades and leaching results.
 
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