That said, I think it's ridicously cheap at current levels. Heron tracks the SP of MRE which has been sold off for a number of reasons, several of which have nothing to do with Heron e.g. a potential capital raising and the gas price they are currently paying.
The current cost of sulphur is effecting MRE and HRR, but I think it's likely to be a short term spike, and can't see it being sustainable. In addition, heron has exposure to phosphate through it's Langey Phosphate Project, which it hopefully will begin drilling next month, or Sept.
Sally, what do you think?
- Forums
- ASX - By Stock
- HRR
- support at 45c
support at 45c, page-6
-
- There are more pages in this discussion • 4 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 HRR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online