HDR hardman resources limited

re: *what an absolute bargain* .. davfitz HDR at present prices...

  1. Conix_Vale
    438 Posts.
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    19/10/05
    20:23
    Post #: 1183507
    re: *what an absolute bargain* .. davfitz HDR at present prices is indeed a bargain. OIL is currently $US63.20 /bbl. and even at $US60/ bbl, HDR will have a annual cash flow of $A 400 to 450 million per annum or some A65 cents per share. Currenly HDR sells for 3 times cash flow based on Chinguetti alone. If Tevet deeps come in [we should know by Friday], oil production from the Chinguetti and Tevet fields will approach 150,000 bbls per day. Now it is time to think seriously about our HDR. Selling is an idea only for those without funds
    HDR Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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