re: hdr seriously undervalued !! what about the fi At the risk of adding more issues, I think simplistic, "back of the envelope" calculations of value are not worth the paper they are written on. I must say i am a genuine bull when it comes to the long term potential of HDR, but let's not get carried away!
Whatever "valuations" are performed on Mauritanian assets, the significance of the royalty stream/government participation/tax etc needs to be factored in. As well, i note the timing elements that others have incorporated as well as a range of recovery estimates, capex, contingency allowances etc etc etc.
More objectivity is needed on this subject I think.
regards
DF
HDR
hardman resources limited
re: hdr seriously undervalued !! what about the fi At the risk...
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