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Hi BK. Tell me, why are you so confident MRE will hit 500mt if...

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17/09/20

01:36

Post #: 47402607
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Originally posted by Big Kahuna 101: ↑

Small holding from around 14 months ago but really only started accumulating a decent parcel from Feb this year... so I probably helped cause covid as is the way with my timing for things... lots of others here have been around alot longer then I have.

Its not just going to come down to the MRE figure but also how the company presents it.

From a long term perspective there would likely be nothing wrong with the maiden coming in at around 350mt but I am afraid if that does happen it wont be received well by the market.... expectations have not been managed well.

At 500mt surely as a minimum a $300-$400 mil MC can be justified especially in the current market.... if they can prove up some of the growth targets following that? Who knows... I personally don't think HCH will ever mine Cortadera.

With CRP0016D now being included I can't see why we cant hit 500mt which would be amazing but again coming in lower provided it is presented correctly shouldnt be an issue.

My opinion only.

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Hi BK. Tell me, why are you so confident MRE will hit 500mt if we include CRP0016D? Can you give any insights into your thinking on this? I realise it's a great infill hole to add, for sure...but, where do you get the 500mt from.

I would like to share your confidence. Cheers.

HCH Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
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