HDR hardman resources limited

Don't bail out just yet.

  1. 9,745 Posts.
    lightbulb Created with Sketch. 145
    Interesting BUY/HDR announcement yesterday. Particularly this bit.

    " Conduct long term flow testing of Carynginia Limestone to confirm the economic potential for gas production. "

    ...to confirm the economic potential ???

    This means they expect that the well is economically viable. That's news to me... Should keep HDR around 70c until Mauritania players jump on board and force the price higher anyway.
watchlist Created with Sketch. Add HDR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.