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Heron forced to revise Jump-up Dam project

Nickel hopeful Heron Resources Ltd has placed its Jump-Up Dam heap leach operation on care and maintenance, after results of a pre-feasibility study concluded the process did not make an adequate return on investment on the back of rising costs.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
56thStrike Energy75%2%
198thPo Valley Energy13%-4%
233rdAusmex Mining Group6%-13%
385thHeron Resources-12%-15%
654thViking Mines-51%-12%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

16/07/18
$13k Bought
29/11/17
$0 Issued
29/11/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

84th↑Heron Resources$2.8m
85th↑Viking Mines$2.8m
86th↑Po Valley Energy$2.7m
88th↑Ausmex Mining Group$2.5m
89th↓Strike Energy$2.3m
509 listed resources companies ranked by revenue.
Source: Morningstar

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