They do have a stated plan.....ie take it to production but if another entity wants it at the right price I'm sure they'll listen to offers!
The good news is they can do tolling deals rather than spend large amounts of capital on a plant refurbishment.
As we've been speculating for sometime however once GML releases its MRE uplift this qtr to circa 700k ozs together they have 2.5m ozs with plenty of upside. All located in the same general area and with cross tenement deposits. Plus established infrastructure inc roads, airstrip and accommodation.
Let's hope the respective managements can make a merger a reality. It certainly makes sense for HRN to absorb GML and with very few shares on issue any rerate in its SP now could accelerate the process. Will be very interesting to see how it plays out and I'm in for the long haul.
DYOR GLTAH
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