Always enjoy your commentary @Banker . One thing to remember is...

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1ForDaMoney

5,536 Posts.

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29/01/19

15:51

Post #: 37253329
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Originally posted by Banker ↑

I'm always a little reluctant to contact MD's especially when a few have been and I suspect much has been shared.

As we speak, we can however measure a company's (and MDs) progress via a company's share price and corresponding market cap movements. Another determinate would be depth in bid with both new buyers and existing holders willing to top up.

Both SP and market depth are linked to that of what the company communicates to the market and the timeframes of which are set (or missed).

Quarterly will have some info as per normal but;

Where are we at with most of HLX's projects?
When is Collerina drilling due for completion?
When shall we expect assays?
When is the subsequent JORC due?

And if updated by the company.... how much weight can we now place upon these timeframes being met?

Questions similar to these would be included in my conversation with the MD. And then I would point at the share price......

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Always enjoy your commentary @Banker . One thing to remember is that this MD championed the return to the Cobar basin from 2009 after the GFC and acquired the now free carried Chile projects and value added to the one for sale. Mick put together probably some of the best ground in the greater Cobar region and if you take the Creasy methodology of spatial distribution of ore body’s ie why he thinks the Fraser has more to give then look at Aeris,s success for very low spend north it puts into perspective what our potential is. I for one wasn’t spooked by a bit of tax loss selling today from a punter that may struggle to get em back now.
Good luck and good health for 2019 to you mate. Looks like fertile copper ground to me..

Last edited by 1ForDaMoney: 29/01/19

HLX Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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