It astonishing how negative this board has become. Since the GFC it has been extremely difficult for miners to get projects into production and you could count the numbers of project which have succeeded with your fingers.
9-12 months getting it across the line is nothing and if this announcement offers any probability of a way forward it should be very positive.
On what basis does anyone make 5-6c claims? How people can also claim "financing activities" equates to a capital raise is also beyond me.
We have plenty of cash in the bank, like 2/3 cash backing to out mkt cap, and whilst we make need to inject more capital to get the mine into production, we aren't their are numerous ways this could easily be achieved.
I'm personally looking forward to what Thursday brings.
HRR Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held