HRR heron resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-8

  1. 6,894 Posts.
    lightbulb Created with Sketch. 3534
    They won't get funding again. Unless Dennis is on the chopping block. Such a large top heavy board yet so ineffective.

    Needs A$20m at least to live another quarter (June). Feb 5000 tons of Zinc concentrate ain't going to cut it. They will be lucky to get $10m for it. The copper shipment for Feb they didn't give a number for which tells me everything hinges on that...

    Build was a disaster, it is now looking like operationally it is a disaster. I haven't thrown the towel in but goes without saying, any money you have on this should be something you can live without.

    The silver lining being that even the instos are in a lot of pain on this one.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.