Volumes are creeping up and now trading in the $1.50 range.
May edition of Personal Investor has an article on hsk and a price recommendation from a broker of $1.73.
Just did a quick calc on what Pajingo is worth to hsk in a 12 month period.
Projected to mine 70,000 ounces of Au.
Hsk share 28,000
Cost to mine $550 per ounce.
Sales at $900 per ounce.
28,000 times 350 equals 9.8 million before tax.
Hsk net profit in 06/07 2.7 million.
Bumper times ahead, particularly with Los Santos on stream sice Mar 08.
- Forums
- ASX - By Stock
- HSK
- sp firming up
sp firming up
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)