HHR 0.00% 0.7¢ hartshead resources nl

Ann: Continue Suspension of Securities, page-6

  1. 9 Posts.
    Money from Freeport (my guess $15-20million Australian)
    And the drillers (I assume THEY know what they are doing) value the hole @ 200Million taking 10% for 20million
    - 20% government taking their free carry leaving 70% to play for PVD value = $140Million
    And approximately $7million in cash
    And PVD is valued @ 10.4 million 4 cents per share
    Say 15 +140+7=$162million divided by 260 million shareholders = 62 cents
    If you got shares good place to be
 
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