HDR hardman resources limited

oriels recommendation, page-60

  1. 8,880 Posts.
    davtitz oriels recommendation - what i like G'day Dav
    I beleive that the JV partners would love another Chinguetti "salt dome" structure to develop ahead of the Tiof Development, Chinguetti is a nice simple "compressed" accumulation and at 600M dollars is much cheaper than Tiof which will run out at 1500m dollars, and looks like being 3 years away.
    Increased reserves will be a priority IMHO to keep the Government, JV partners, Instos and Banks happy, even us shareholders [of all companies] may get some consideration.
 
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