HPR has revenue and cash flow momentum due to a recent acquisition and commodity price recovery, as well as a very large exploration & development option. There is little recognition in the market for the transformation underway. HPR’s value is underpinned by DCF of current royalty revenues but the development /exploration /appraisal upside is discounted to nil.
Official website: https://www.highpeak.com.au
ASX on Hotcooper: http://hotcopper.com.au/asx/HPR