HRR 1.69% 5.8¢ heron resources limited

Ann: Heron receives Assays from recent drilling of G2 Lens, page-17

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  1. 5,217 Posts.
    lightbulb Created with Sketch. 32
    I'm revisiting this stock after a two year absence.

    HRR used to be capitalised at $30m, with the non Woodlawn assets basically in for nothing.

    Two years on, Woodlawn, pre $140m new equity, is still valued at $30m. The non core assets in Ardea are now worth $70m.

    Zinc is at a 10 year high and Woodlawn is a fully funded through to production in 18/19.

    Sounds quite good to me. Happy to be shot down in flames before I have a punt.
 
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Currently unlisted public company.

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