HRR
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1.69% 5.8¢ heron resources limited

Production forecast to start 12/18. This pre-production period...

  1. mmoore1957
    757 Posts.
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    18/02/18
    15:32
    Post #: 31139137
    Production forecast to start 12/18. This pre-production period is normally a quiet time for the SP. It tends to meander around until 2/3 months before production commences. Once production commences and all the key mining & processing assumptions in the BFS have been validated I would expect to see a substantial re-rating of HRR and a SP move to somewhere between A$2.00 to A$4.00. (At current Zn prices & AUDUSD). So probably sometime in CY2019 Q2.
    Please DYOR
    HRR Price at posting: 77.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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