Ann: Notice of Meeting for Woodlawn Funding General Meeting, page-23

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arsenic

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20/07/17

13:56

Post #: 25983093
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Originally posted by 71c4 ↑

What a bunch on mugs letting the ARL leases go. MUUUUUGGGGSSSSS

Could it be the HRR directors smashed ther share registry out of petty spite for IB's success with ARL?

Also Cobalt is hardly hype, and the size and quality of ARL leases are way undervalued.
Wait for the penny to drop on the production constraints from the current biggest producers and future production requirement currently comming to market, as good a speculative punt as they come for me.

HRR should be able to squeeze 15c out of thre share price once the directors pals finish taking their ill gotten gains for the share register raping.

As Arsenic stated, some of us paid for the current resource and are now being bent over due to directors being directors, its that end of the market so you have to expect it.

I suspect IB got clear of the current directors because he could see the rot was setting it, self congratulating back slapping?
And what a master stroke IB, getting the ARL leases free and clear of the HRR directors, cheeky bugger.

For me there is value in HRR at .07/.072 so Im accumulating, expect a resource upgrade to coinside with the new share trading which may help the share price back to 10c.

71c4

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I've modeled the cash flow as per the DFS.
To get to 15c you have to find heaps more ore and that has to replace tailings early in the cycle because of cost of money but it's underground and not even proven (going from resource to reserve) so it will be difficult.
You may be able to get to 15c on hype and emotion of Zn prices but you will have PE holders with boat loads of it a 7c so also difficult.

HRR Price at posting: 7.3¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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