PMM portman limited

portman - starting to look like good value, page-5

  1. 3,800 Posts.
    re: portman - her At the recent mining2002 conference the HER presentation was awesome and yes the Sumatra Indonesian base metals play is truly outstanding and would normally make HER a great stock to hold ......

    HOWEVER will the value ever be seen in the share price?

    Indonesia is not exactly flavour of the month.

    Financing the first hudle - will the banks go near it?

    and....

    what other uncertainties are there to come out of this region in the future? Is Bali a one-off, or is there more to come?

    The risk v reward equation is a large issue with Herald.
    If this project was in Australia, Heralds price would already be much higher than it is now. So what is going to change to remove the current discount the market has placed on HER due to the Indonesian factor? Investors need to address this question.



    acturtle



 
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