Heron reviews iron ore assets

EMERGING laterite nickel miner Heron Resources has appointed Argonaut Capital to advise it in a review of its iron ore assets near Portman’s Koolyanobbing mine. The move is the latest indication of an iron ore spin-off from the lead partner in the Kalgoorlie nickel project. The assets include interests held by Heron in the J5 joint venture with Portman, the Onslow iron sands, Poondano and Ashburton detrital iron deposits. Heron indicated in its June quarterly report it was preparing its non-nickel assets for an IPO.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
151stPo Valley Energy53%-3%
383rdHeron Resources0%-14%
694thReward Minerals-44%-6%
812thWhitebark Energy-75%-29%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$13k Bought
$0 Issued
$0 Issued
Total value as at the date of the transaction
Source: Morningstar


84th↑Whitebark Energy$2.8m
85th↑Heron Resources$2.8m
87th↑Po Valley Energy$2.7m
88th↑Reward Minerals$2.6m
510 listed resources companies ranked by revenue.
Source: Morningstar

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