Just read the Age article today which said that currently market is valuing HDR at USD 2.90 per barrel.
This is crap and but may sound quite reasonable to some readers. But truth is HDR is being valued at only $A 2 per barrel.
This is based on HDR market cap of $A420 and HDR reserves being 190 mbbls (i.e. 33% of 350mbbls in Tiof, 142 mbbls for Ching and 100mbbls for Banda). Think of it like this, two HDR shares buys you a barrel of oil which currently trades at USD30+. Talk about cheap.
And to De rat, you're worse then the Age reporter. At least he come up with some figures, but you talk is full of Shxte.
- Forums
- ASX - By Stock
- HDR
- the age got it wrong
HDR
hardman resources limited
the age got it wrong
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online