Thanks for all the posts. but just for discussion, The report contained figgues and views as at 31/12/2006 before a, restructuring of forward sales contracts. b, US$20mil. rised, ( even with the current missery production rate this can keep the company alive for another 6 months, the new large share holder would have look at these figgue in Feb. before they invest @ 29+cps ) and c, the production issues should atleast improve by the help of JKTECH and AMC consultants, further more, there is only 3000oz scheduled for delivery into hegde ( a higher Aussi $ should ofset higher hedge lost ), the balance should be sold at spot price, and there is no stoppage this quarter !!! Anyway, personally I think its still worth the risk but any contrary views would be greatly appreciated. have a good weekend.
HIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
