Huh? HRZ is profitable right now. The announcement proves that....

Huh? HRZ is profitable right now. The announcement proves that. Obviously, the revenue was stated in the announcement and there is a cut with the mill, however these are still big profits flowing in! You just have to do your own calculations based on the initial expected $30M profit at $3600.00aud gold price, replace it with circa $5000aud, then add in the additional ore and increasing grades, plus the upside from current step out drilling. You do not have to be Einstein to see that it is going to be at least a solid $50M profit in the next 12-18 months imo. Potentially more! There are companies well above our market cap who are still in exploration and development stage. Yet we are actively bringing in the bacon at the perfect time of escalating gold prices.

The market reaction today is nothing to do with questioning if HRZ is profitable, the proof is there, and I would have expected someone with 738 up votes to have realised this. The market reaction today was either due to a holder using the additional volume to sell out, or we still had an overhang from the POS deal, and shareholders who ran out of patience and decided to also sell with the additional liquidity arriving today. The next top holders report should tell us more imo. At least it gives more of us a final chance to load up at cheap prices before we finally take off. I cannot imagine us staying so far below our producing peers for long.