HDR hardman resources limited

from maquarie

  1. 5,087 Posts.
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    Hardman has released its June quarterly activities report. The company will release 2005 results on 26 September.
    The first three exploration targets in Mauritania are Sotto & Colin (PSC A) and Espadon (PSC B), with a collective pre-drill estimate of approximately 600 million barrels of oil.
    Whilst Hardman has appreciated by around 50% over the last two months, we see further upside driven by exploration news flow and start-up of Chinguetti.

    I WONDER IF ANYONE THAT SOLD OUT LAST WEEK BECAUSE OF THE COUP IN MAURITANIA HAS BOUGHT BACK YET? I'M GLAD I DIDN'T PANICK.


 
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