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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 31/01/18

1 year TSR5 year TSR
30thHeron Resources489%-14%
166thCentaurus Metals78%-49%
274thNorwest Energy34%-39%
307thHammer Metals24%-39%
500thVenus Metals Corporation-7%-17%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

29/11/17
$0 Issued
29/11/17
$0 Issued
29/11/17
$62k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

215th↓Centaurus Metals$142k
216th↓Venus Metals Corporation$140k
217th↓Heron Resources$140k
218th↑Hammer Metals$140k
219th↓Norwest Energy$140k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Heron Resources

182ndWayne Taylor$590k
339thCharlie Kempson$377k
579thSimon Smith$237k
Ranked by total remuneration from all listed WA companies

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