HER 0.00% 88.5¢ herald resources limited

re: the spp shares issued. feel free to sell Hi Fletch,Got some...

  1. 740 Posts.
    re: the spp shares issued. feel free to sell Hi Fletch,

    Got some in the recent placement plus SPP but far from enough.

    Ill give it a few more days.

    Have you any valuations on HER or guestimates.

    I believe it should be $2 within the next 12 months. Zinc prices have gone ballistic but HER backwards. Somewhere, as long as all goes to plan, will it be valued correctly.

    I like the debt funding and they don't bu....hit.

    Sick of companies, like eg LAF, SMO etc,F@#$$%ing shareholders by giving away cheap shares.
    Other is DRA rasing $34Mwith a notes issues @ 17c, 10%. Great if you can get them (should be good long term), but long term holders stuffed.
    Borrowing money is cheap, even if having to hedge the prices are good, so take advantage of it you fools.

    MIC is another interesting one, very cheap,however a bit messy. The value of their Soloman stake alone is worth probably twice their market cap with current gold prices. Anyway I'll wait to see the next cashflow report from China, the merger, before dipping back in.

    Tubs
 
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