Sparkling results IMHO.15 Jan 2020 12:42
I always felt HOC had underplayed their results and here we have it increased production on what was forecast, debt reduced substantially, and cash at end on year doubled.
I am sure as some have said here in the next analysts review we will have an upgrade, it was good to see the Peru licenses being taking up too. I saw this as a very positive report. The market has immediately responded -hopefully with a trade deal being signed in the US today demand will increase with metal prices and some now predict we may get a cut in UK rates which will help USD earning Companies on the FTSE. Currently I see this as a great opportunity.