this report just about confirms my belief that HAO is not gearing up to recover or produce in any comercial quantity of anything other than quarry materials just to keep cash burn to a minimum.
Do a stock take of proven Gold reserves starting with the ounce per tonne at Bamboo Creek then add the many other stockpiles from other locations with proven reserves, add the values of those and the potential from rare earths and other valuable assets such as Green Steel producing ore and you have a fairly attractive and sellable asset..............perhaps just value adding and waiting for one of the existing producers to snap it up.
my thoughts anyhow.
Cheers Rob
HAO Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held
