HER 0.00% 88.5¢ herald resources limited

bfs?

  1. 5,867 Posts.
    Terry Allen let a couple of things out of the bag at Diggers n Dealers.
    Add US$15million to build a pieline for the concentrate slurry from his Indonesian zinc project to the coast/build port facilities.That takes the project to around US$100m -this is going to be fun to finance!!!
    In discussions with the various 'experts' on hand , there is a very high probability that this orebody will kill someone once it gets going. The orebody dips at 45 degrees and the hanging wall (roof) unfortunately comprises loose black shales-they collapse too easily. Bit of a shame given the terrific grades/metallurgy.
    Looks too difficult.
    Cheers,TAS
 
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