Settle down Acamas ...
TLW has ma50ishde it's recent good fortune with Uganda and Ghana. HDR had 50% of the best acrerage in Uganda. And then there's Guyana, and that's got the TLW institutional holders excited.
Having said that, I am not complaining with TLW over 6 pounds now.
Thats 0.22289 x 2.36 x 6.03 = $3.22 equiv. per HDR share now.
Yes ... in hindsight, Simon did us a favour and forced the issue.
But who knows how Uganda would have featured in HDR's price now.
My guess - HRD would now be $1.
HDR
hardman resources limited
woodies sells out of mauritania..., page-7
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