HDY 0.00% 0.4¢ hardey resources limited

Tax offsets is the common theme this year, suggests it been a...

  1. 14,658 Posts.
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    Tax offsets is the common theme this year, suggests it been a very good year.

    But thats no comfort for holders here, been dealt a savaging.

    They will need to get those gold drills moving, Ann said it would start early sept quarter . So next couple of weeks hopefully some news on this.


    Lloyds copper project news below (many see the copper as the main game, I like the gold myself)

    "As copper prices remain strong, a strategic decision has been made to focus efforts on the Lloyd’s project. Gaining environmental approval remains a priority, with the Company ultimately aiming to obtain a mining license for the Lloyd’s site so as to allow the processing of existing and as yet unmined material. As part of Hardey’s renewed focus on Burraga, a review of the tailing stockpiles and slag heaps at Lloyd’s commenced earlier in the year, with the aim of identifying a suitable strategy for commercialising the stockpiles. "

    Environmental approval to be advised,

    Then copper stockpiles and (existing and as yet unmixed material) to drive early revenue while further targets are defined.

    Thinking there will be plenty of newsflow to come.
    Needs a huge rerate once this selling is done.
    Last edited by Oscar09: 12/06/18
 
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