My reading of UK prices is that at 89.45p HNR is at $2.19 equivalent which means it is simply following HDR's Aussie price. Volume is not high either. ROC is only off a tiny bit. A plunge to $2.15 or less on volme of 2-3 million would say something. Anyway I believe that HDR/HNR is now at or below its fair valuation with in fact little factor in for Tevet and Banda gas and blue sky.
Its looking more like next week for Dorade results to me - hope I am wrong.
H
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
