Hi All. If you look at HEGs Investor Presentation from 15/5/09 you will see on page 22 of 23 HEGs projected production to 2013.
HEG from 15/5/09 states,
2009 15,000 oz
2010 30,000 oz
2011 60,000 oz
2012 90,000 oz
2013 170,000 oz
Comparing HEG to SINO.
SINO under project 2010 at (20,000oz) to HEGs (30,000oz) then SINO ramp it up and push it out to 2014 & 1015 on projection.
2012 is where SINO really gets carried away. And I think its an error on their part.
Compare HEG to SINO projection percentage + over HEGs last projections.
2011 + 17%
2012 + 78%
2013 + 38%
2014 + ?
2015 + ?
Look eitherway I love what I see as this 'Ramping' from SINO can only be positive for us long term holders.
I expect all of us, as I have been doing, cruching some numbers to see where I can liquidate cash to stock up?
GSL.
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Hi All. If you look at HEGs Investor Presentation from 15/5/09...
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