EXPM:HRTFF - Post by User
Comment by
JAB1987on Jul 22, 2021 2:36pm
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Post# 33590926
RE:RE:Looking Back
RE:RE:Looking BackSame opinion here around risk. The underlying value of ounces in the ground has been unchanged for several years. The company has always been poorly run and always been a significant risk as a complete loss of capital.
That being said there is no way that interest in the asset is zero. HRT would sell for 500M no problem so there would still be equity for shareholders in such a sale. Also they just took another changeover shift so if they were done the wouldn't still be bringing workers in.
HRT has had a 90-100M market cap for 5+ years. It's under that now and I'm a reluctant but regular buyer.