It's a wait and see predicament. Not too worried as there is $ in existance in the balance sheet so far. The project feasibility have convinced me long ago on Woodlawn. The board on the other hand was the weak link in this whole exercise thus far. This is a good test for the board and a good way for us investors to measure them based on the outcome.
Worse case 11m legally needs to be forked out - there are still sceanarios the board can play it so that it can be of acceptable outcome to investors. Let's see...
HRR Price at posting:
64.0¢ Sentiment: Hold Disclosure: Held