Think about it....HDG will have control of 5Billion+ tonnes of high grade coal, low cost to mine, close to end users, etc.
I don't know what the financial analysis would look like in that case, however, I believe that once the resource upgrades are done and we get some broker coverage on to this baby, then the SP will look after itself.
I think it all comes down to the appetite of the management team on how they want to progress.
IMO, all will be revealed within the next 3-6 months.
GLTA.
Cheers, Snagger
HDG Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held