No not a great response. Market is not strong at the moment at the spec end plus some tax loss selling. HEG are running low on cash soon if they don’t find a cash buyer for the gold assets and performance shares released post PFS. I’m not sure how much these factors are influencing them or if there are other issues.
ATC have racked up US$340M in debt/forward sells which should be seen as a good sign for new entrants.
Hill End Gold HPA PFS, page-3
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