EXPM:HRTFF - Post by User
Comment by
Homestoneon Nov 13, 2021 9:36pm
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Post# 34124062
RE:RE:Nothing hidden… Harte makes money if gold hits $3000/oz.
RE:RE:Nothing hidden… Harte makes money if gold hits $3000/oz.It would make a huge difference if they could somehow stay alive and get to 1200 tpd and 100,000 oz per year.That was the plan.Then instead of 1/3 hedged it would be 1/5 hedged.The estimate was 100 million in free cash per year.Unfortunately circumstances have not allowed the expansion to materialize.Too many fingers in the pie taking out the filling and leaving crumbs which shareholders may not even get.Someone else will lick the plate clean.