HDR hardman resources limited

report out, page-55

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    re: report out but??? Looks like a severe case of Woodies Spin to me. I`m certainly confused and i think the market is. At least we havn`t had a quick sell-off.

    Big picture stuff though. Where is the B. Helene?
    Will we be a producer before Christmas? Are we going to use the ANZ loan facility or not? Anybody think we should be hedging at least some of our production at these prices?
    My instinct tells me @ The low $1.90s we should be ignoring the short term stuff and buying in anticipation of being a producer...
 
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