GREY:HRIVF - Post by User
Comment by
bart_dcon May 26, 2010 2:16am
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Post# 17131106
RE: RE: HRG share price
RE: RE: HRG share price1. why are you talking about 2 new mines?
it's Bissa that needs to come online to compensate for Irokinda and Zun Holba + additional drilling might add new resources at the 2 mines.
2. with only 60 million in debt and about 70 million in investments we should have enough financial capabilities to fund Bissa.
3. the younger mines will compensate part of the drop in production from Zun Holba and Irokinda so there won't be a 40% drop in production
Correct me if I'm wrong.
Best regards,
Bart