HDR hardman resources limited

It's very Quiet!!!, page-13

  1. 800 Posts.
    The information blackout this time around is a cause for concern. Last year Woodside were playing down everything whilst Ted and other partners were doing cartwheels. Everybody who had anything remotely to do with Woodside owned Hardman shares. Now it looks as though even Hardman are keeping tight lipped and are trying to be reseved as much as possible about their expectations. Who is driving this agenda?

    We must be mindful that it could well be in Woodsides interest to play down the significance of Mauritainia at the present time for a number of reasons. Hardman will need to raise some capital before too much longer and it could be that Woodside will increase their stake in HDR as they did last year to provide HDR with more working capital. 12 months has now elapsed and Woodside and Hardman made an agreement that Woodside would not try to increase its stake in Hardman for 12 months from the 10% placing at $1.10.

    In spite of all the silence from "the tea ladies" the word still filtering through from some of those "in the know" is that Mauritainia is becoming more and more exciting as each day goes by.

    It might be time that we had a word or two with Ted or Scott directly. I have not spoken with either of them since last year.

 
watchlist Created with Sketch. Add HDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.