HRR heron resources limited
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Ardea thinking

  1. Averagejoe2013
    1,275 Posts.
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    07/09/16
    10:20
    Post #: 18984351
    Ardea at 20c issue price is a market cap of approx 8mil. KNP alone could fetch 20mil. I think it will be the target of a T/O bid quite quickly after the company is listed and rightly so. Considering the IP and size of it and other assets a doubling of the S/P if not taken over immediately is not at all out of the question if nickel demand continues. IMO.
    HRR Price at posting: 15.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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