HDR hardman resources limited

quarterly disappoints, page-7

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    re: quarterly disappoints a bit Disappointed in the lack of news that's for sure. On reflection the market seems happy to buy at these prices .. its been all buying after the first 10 minutes. The revenue figures are very healthy....A$73.9m in a quarter (with actual receipts of A$49m) is pretty good. If you extrapolate that for a full 12 months even at current production (given they are going to fix Ching) that's A$200m. I know there's some issues of number of lifts and timing within the quarter but still its OK.

    H
 
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