Heron stock price is really baffling me. The economics of the project are fantastic and were fantastic at US$2,300/t of zinc. were now a good 30% higher and some how the market thinks its just not going to work at all.
Same thing is happening with NCZ. Both getting sold off as they near production. Perhaps this is the norm?
Uncharted territory. Worst case at $0.395, page-2
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