HEG 31 Dec07 Int Report…
Essentially breakeven on Net Assets Total Equity from 06.
Good to see $12.4mil in cash still in the bank.
Director/s remunerations up.
No real explanation on the Other Expenses of $175k up from $131k on last year. Notes a bit sparse.
Still a relatively low number of ordinary shares 239.56 mil on issue. Normally these spec miners have 3 to 4 times this numbers on issue rolling into the billions. Good for us.
Also good to know our HEG hats cost us $45k up $35k from $10k on 06.
All in all a good report card – all we need now is production through put… then 50c 60c a share…
gonesolow...
all in all a good report card
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