I have just read and digested Oriels 20 page analysis of Hardman released just a few days ago and kindly sent to me by Zinc.
It gives an excellent overview of operations and all the way through they base their estimates and valuations very conservatively. There is enormous upside potential even if only one or two of the many excellent prospects offshore Mauritainia, French Guyane, Uganda and the Falklands pays off.
Even with current "proven" reserves in Mauritainia, an oil price of $36 for the next few years and discounting completely anything else the share price still looks cheap.
The report is worth a read.
- Forums
- ASX - By Stock
- oriels recommendation
HDR
hardman resources limited
I have just read and digested Oriels 20 page analysis of Hardman...
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online