I'm a little suprised at the lack of comments/remarks on the HEG...

I'm a little suprised at the lack of comments/remarks on the HEG Annual Report, but I guess we're all a bit shell-shocked from current events. At the risk of repeating gonesolow's highlights the following are the stand-outs for me:

"Compared to a surface drilled resource estimate of approximately 10g/t over a nominal 0.8 metre stoping width, er found that the M2 mineralisation is much higher grade in this area, averaging 60-90 g/t over the nominal 0.8 metre resource width.

Decline driving down the M2 veinset is planned to provide a continuing source of feed for the processing plant and will access approximately 20,000 tonnes of potential fed in the M2 veinset alone.

The removal of bottlenecks in the plant has improved production, and as the underground opens up, the target production rate is about 100 tonnes per day.

As the M2 and Paxton's high grade areas are opened up for stoping, the Amalgamated process plant feed grades may be up to two ounces (62g) per tonne, which would indicate an annualised production rate of about 50,000 ounces, at reasonable plant availablility and continuous operation."

At AUD gold prices in excess of $1000/oz, that's $50,000,000 gross revenue.

Add to that another 89,000 oz from the Red Hill inferred resource and the exploration potential of Hargraves Big Nugget Hill (BNH) with a midpoint of 280,000 oz, at medium-high confidence levels and a further 1,000,000 oz at Reward, then, depending on the final cash production costs, suggests a strong on-going cashflow performance to fund future developments and explorations.

To me that's LT Buy potential.