why is this so cheap to afr, page-8

no worries 5hareholder

i recall your prior positive sentiment on HDG

in fact, i committed the Hot Copper sin by buying into HDG based on your posts (rather than doing my own research)

prompted by the NMR announcement, i actually spent yesterday running the ruler over HDG

the HDG deposit #2 is looking OK, with genuinely relatively shallow coal

but the HDG deposit #1 that came with the JORC - the JORCed section is definitely deep

but luckily HDG have obtained three good visual results from holes drilled in the south east section of deposit #1 which are the shallow parts of the deposit (see April presentation for deposit depth, JORCd area, etc)

HDG are focused on this area, having drilled many holes to date (but results are delayed)

but for this low grade junk i think depth is important

have fun with your "fun tickets" to the Luna Park rollercoaster