Good post. The quarterly was impressive .. what other junior explorer has over $100m in the bank, a near-term copper/gold mine starting up in Oz with JV partners lining up, and so many promising exploration prospects in SA, Qld and particularly Indonesia ... and only a 31 cent share price? There are at least 3 possible catalysts for a major rerating of HGO over the next 6 months including an ESG takeover, successful exploration at Sumba or Bird's Head (both elephant hunting expeditions!), further resource etension at Kanmantoo, and of course the rerating that will happen on approval and go-ahead for Knmantoo. Limited downside and heaps of upside .... that's my sort of stock!
H
HGO Price at posting:
31.5¢ Sentiment: LT Buy Disclosure: Held
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