EXPM:HRTFF - Post by User
Comment by
Goldon45on Nov 16, 2019 10:22am
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Post# 30359959
RE:BK candidate
RE:BK candidateWhile this all sounds logical, you don't take into account optimal operations once the paste plant etc are running well and to capacity.
I have always felt the value in HRT will be in M&A. The intrinsic value of the project is much higher than the bashers on here are suggesting. When a pursuer hits a price Appian likes, this will be gone. The only change is in expections on what that price may be. For the dreamers expecting $4-$5, that most likely will never happen. $1.00 to $2.00 is still very realistic.
It all depends on getting the AISC down and proving up the gold in ground.