HRR 0.00% 4.5¢ heron resources limited

Best value on ask?, page-4

  1. 6,402 Posts.
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    Zinc price done $1000 bucks in a year, or more than 30%
    original IRR 32% or payback 2.3yr wont be able to achieve.

    In addition, as per feasibility in 2016, they still need additional $100mil ongoing capital on top of CAPEX, in today's market, there is no way they get this money cheap ...

    SUP presentation shows it closed the mine many years ago at zinc price $1000, today around 2500, but all CAPEX cost gone up etc, and SUP's grades twice higher .... HRR doesnt worth more than 100mil market cap today as stands, it just wait for that long red stick at the moment
 
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Currently unlisted public company.

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