HRR 1.69% 5.8¢ heron resources limited

I don't think there is smoke and mirrors here wrt to definitely...

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    I don't think there is smoke and mirrors here wrt to definitely having a much higher NPV than stated. The project is ordinary with development risks, not the first time a company has tried to restart. The reality is imo management were desperate for capital, the funds got a good price and must have taken a more neutral view of risks as well as targeting higher metal prices and mine life.

    I don't think much has changed, it's fully valued and not worth touching.
 
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