HSK heemskirk consolidated limited
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10c, page-8

  1. wdfbird
    13 Posts.
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    06/03/14
    11:28
    Post #: 13090138
    Per recent AGM presentation - Sale of Lethbridge should see ending cash and liquids of $21.7m AUD. If Moberly Project is financed and green light to develop NPV $48m AUD on IRR 10% was indicated.
    Shares on Issue $154.1m at 9.3cents sees market cap touching $14.3m. A valuation gap appears for patient investors from my simple maths.
    HSK Price at posting: 9.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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