The opening 30 minutes today has presented HRZ as the biggest loser on my personal Gold Watchlist on relatively high volumes (one or two drops of red on a sea of green), which indicates to me that the shorters are acting aggressively and/or others shareholders have been spooked into selling. Eitherway it is hard to make sense of it as it happens.
That is of course the issue, it is nonsensical.
Therefore I think Rthek has a strong argument in support of a share-buy-back as an appropriate option in the circumstances and potentially a good use of funds in these early stages of production, partly also to boost the sp so that HRZ does not attract unwanted attention in this atmosphere of M&A.
Management arguably needs to make a statement in my humble opinion to see the true sp represent the progress being made largely reinforced by Monday' announcement. To go from an opening of 6.5c (with a high of 6.6c) on 31st March to an opening of 6c (and a low of 5.8c thus far) today might require a statement from the company, arguably.
Just my thoughts, esp.
(20min delay)