OK you guys like numbers so here are a few for you to think about. Resource at Yandi at around 150 mill. tones,this is going to production and at 5 mill.t. /year production at $100/tone= $ 500 000 000. At just a conservative $20/tone profit its a huge $ 100 000 000./ann. That's 5 times the current market.
"It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight."- Stanley Kroll, Most Respected US Commodity Trader.
Its a mistake to trust other peoples research. Please note no investment advice given on any shares or investments, please do your own research.
HEM Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
