HRR
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1.69% 5.8¢ heron resources limited

I would say 50% of capex so $80m IMO, maybe less if they hedge...

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  1. Kruiser
    3,947 Posts.
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    10/05/17
    12:16
    Post #: 24593685
    I would say 50% of capex so $80m IMO, maybe less if they hedge but then that reduces the upside

    They will use existing cash to fund working capital
    HRR Price at posting: 8.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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