HRR heron resources limited

Some interest in Heron coming off the double bottom with the...

  1. 13,793 Posts.
    lightbulb Created with Sketch. 437
    Some interest in Heron coming off the double bottom with the 2008 lows
    After talking to Ian (director) I feel the company is being MASSIVELY undervalued by the market
    The market thinks the company is going to blow the cash on the Nickel projects and Ian confirmed to me that is NOT the case
    He believes given a higher nickel price the Nickel projects one day will be worth a lot but until then they are on C&M
    Most expenditure will be on the gold and copper projects and with $42M in the bank cash burn is very low

    Cash and A1 worth about 20 cents a share alone (current assets)

    Feel free to give Ian a call....very easy to talk to!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.