I'm hoping the issue price of the new shares will be at least 45 cents or better. Anything lower will cause a short term fall in the share price. But it all depends on their positive report on that Kanmantoo project. If it gets a positive spin from a few more sources, that'll attract a few more long term shareholders.
re:
>>>The article in the Financial Review puts a very positive spin on the project. It cites that in November last year HGO had 10 prospective JV partners but, based on the strength of copper prices and its large available cash reserves, has chosen to go it alone to retain 100% of the upside.
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I'm hoping the issue price of the new shares will be at least 45...
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