Hi Harba
As I see things, we bought the OPTION for 3c and that option is exercisable at 25c (the 3c is not included in the 25c.......)
I don't understand the market, for the past 2 years we have been getting many "good news" anns but the big buyers are not biting. I suppose they think "talk is cheap" and are waiting to see hard results(gold bars or JORC) before they step in.
I am sure HEG management is also very frustrated with the SP as they know all the facts and would have priced HEGOB at less than what they thought the price would be on 30 Sep.
The May press release says it all - especially the "Target Production Profile" on page 18.
http://www.hillendgold.com.au/index.php?option=com_content&view=article&id=86&Itemid=159
Yes, a $2.50 per share target is a nice dream - I wonder if all of us would be able to hang on till then - everyone has their price, including me!
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