HRR 1.28% 7.7¢ heron resources limited

Heron Resources, page-3

  1. 753 Posts.
    What you say is correct.

    But despite the fact that preston and centaur going belly up, and Anaconda cribbled under debt, I consider that Cawse is performing for the new owner and so is Murrin-Murrin and Bulong.

    Cawse would need Herrons ore and so does Murrin-Murrin to increase and better their performance.

    A trial mining of 30,000 was announced in the last quarterly and it would be interesting to see how this trail went.

    Also BHP is looking to develope its Raventhrope deposit they bought for $64m which makes herron at $16m dirty cheap.

    But one must have patience.

    Arhidas
 
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