Also very costly! Heron's previous history shows it has numerous sulphide targets and at one stage Heron were going to offer a j/v to Inco, but for whatever reason, it never got of the ground. It is MOST interesting to see that Ravensthorpe has been sold (subject to approvals) to a Canadian company "First Quantum Minerals" In my opinion only, this is a great result for Heron!! It is worth noting, reportedly, who were the final bidders and Quantum came out of left field it appears.
As Stoss said in one of his subject posts - "Interesting times ahead"
Cheers.
HRR Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held