Haha @waasx200 you're not getting flooded with responses! I will stick my head out and say IMO it can.
Without putting numbers to it HHR is still currently being valued as if the project is not going ahead.
HHR has just said that the regulator has their project as 1 of 3 priority projects for sanctioning so the major challenge that remains for them is finance.
HHR seem reasonably positive about acheiving finance however, if they don't a further farmout of Phase 1 would be attractive to all existing producers. Either option would allow HHR to progress to FID.
IMO FID would push HHR to 4c+.
I take a lot of comfort in the fact HHR have $30m in the bank. So many explorer/wannabe producers are running so close to empty that a CR is only a phone call away. HHR have the funding to allow them to progress in an orderly way.
All IMO. I am also interested in what other posters think.
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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0.7¢ | 7504209 | 12 |
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47 | 14109053 | 0.005 |
11 | 5408333 | 0.004 |
4 | 4816666 | 0.003 |
5 | 5200000 | 0.002 |
Price($) | Vol. | No. |
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0.008 | 2812987 | 7 |
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