Hardy has released its interim results for the year to March 2016. These report a cash holding of US$19.3m showing the company maintaining its strong financing position. Progress on its three Indian assets remains subject to various discussions with Indian government institutions and these continue to make measured progress. While the company’s focus remains squarely on progressing and extracting value from its Indian assets in our view the cash holding leaves Hardy well placed to take
26 Nov 2015
Interim results
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Interim results
Hardy has released its interim results for the year to March 2016. These report a cash holding of US$19.3m showing the company maintaining its strong financing position. Progress on its three Indian assets remains subject to various discussions with Indian government institutions and these continue to make measured progress. While the company’s focus remains squarely on progressing and extracting value from its Indian assets in our view the cash holding leaves Hardy well placed to take