Unless Woodlawn is a raging success and the old open pit has a few new VMS pods for a new ore source I couldnt see HRR's market cap going above 250 mil.
If you were in at a higher level it looks like you may get some investment back from here but still be claiming a capital loss. Wouldnt think HRR could get back above 20c with so many shares on issue.
Should see a fairly heafty pump from the directors and capital raising stooges to line their pockets, thats why Im averaging down at these levels. Its a therory anyway. 12c/15c seems possible after the potential big pumpo.
71c4
HRR Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held