I am heavily committed to HRR, but there are some issues here. Woodlawn was valued at $300mill just 12 months ago. 2.5billion shares at 7c makes a market cap of $175 million. Add cash, and it is well over $200mill. If a great success reaches 65% of its IGV, then we are capped out. If 2.5 billion shares were worth 25c each, the company would have a cap of $625,000,000. Are my numbers correct?
- Forums
- ASX - By Stock
- Ann: Heron commences drilling program at Currawang
I am heavily committed to HRR, but there are some issues here....
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)