Hi Arhidas, I know that you don't post here much any more and I know your reasons but I know that you observe. As we both know (by now) Bulong went Heron's way and yet another string to the bow and as was mentioned "Heron would be watching with interest" They surely did just that!! Today's quarterly issued by HRR is perhaps quite significant as it spells out the route that Heron is taking and despite all the laterite scepticism the thinking is now changing.......Ravensthorpe as an example. Apart from the strengthening Aussie Dollar which obviously caused Bulong some headaches together with its difficulties to obtain acid in W.A. from WMC combined with the nickel price being well down at the time of Bulong's demise, if you look at HRR's quarterly you will see that perhaps HRR seem to be able to solve the acid problem in house. I understand that moves are underway which are very likely to secure great benefits to shareholders. The future still is laterites and The Heron will fly.
Sally
HRR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held