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info please, page-13

  1. 1,702 Posts.
    Thanks Opaline that's good info....... I was/am of the belief that of all these cuspy emerging tiny producers that heg had plenty of cash........ but to be blunt, it sounds like A/ recoveries have to improve from 80% (I recall mco had circa 90% free milling ore in bulk metallurgy testing) and imagine these guys must be able to achieve that...... the other thing which ties into that and waste rocks etc is cost of production I guess........ you can't run a show in the red with this grade for too long...... I am confident phil bruce can make this very profitable....... my perceived negative (if any) had always been longevity of resource (the same issue I have with WA hopeful silverlake) but my fears have been somewhat addressed by my own reading on hargeaves and modelling....... BUT this must be profitable and soon..... 300M off shares outstanding just gives too many smaller punters the opportunity to hold it down for no good reason (which is why I mentioned consolidation)...... anyway I hold and would buy dips........ such an exciting story....... gb
 
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