Uncharted territory. Worst case at $0.395, page-10

A truly unloved upcoming producer in the current unloved second tier mining sector. True there are a number of headwinds - Trump, Tarifs, Brexit etc. However the reality is continual falling stockpiles, the EV revolution a still rapidly developing Asia and big infrastructure spending in the West.
Cannot see why HRR would not meet its production and costs targets, the mining and treatment is standard industry the risks here are low.

Very little liquidity, once it moves the relate will be significant.