Ann: Presentation, page-28

I'm interested at these prices, surprised not to see it trade slightly higher given copper spot performance.
Post D.D and capital raising which is due soon EV of $8.8M EV. I think thats the only reason price is kept here from the markets expectation of overhang from CR.

You have a new management team coming in, Ashanti Capital stepping in.
Tim Goldsmith (Chairman of HZR) and Grant Ferguson both having experience in capital markets.

There isn't much on the acquisition but there tenements were previously owned by MOD and BCL (I've Highlighted in Red) both companies which left the region relatively unexplored.
What we do know is we lie on the Kalahari copper belt, and have hits upto 150m of Pyrite - which is associated with other copper based sulphide materials - chalcopyrite, bornite, coppersulphide etc.

Theres risk involved but the upside is significant too especially with copper spot strength.



Cheers