Badfish, i think your thinking of something else?
HDN is a 10million market cap tanatlum miner at bald hill selling to SGW. Cashflow positive producing 200,000 tons of tantlum and making a profit. U project in Africa, and owns large exploration targets in WA (Australian Tantalum (Not TAA)) and NT. Also gold farm ins with Xstrata and Rio and Tek.
CEO is ex macquarie corporate, and he's been loading up this year to 18% of the company. I'm not sure what's up, whether its just cheap, since the p:e is under 10, something with the U in Africa or maybe they will get Greenbushes since Cabolt will want to take the other one?
Needs to break 22c then she'll be off..
gwalia, cabots and possibly gip!!, page-6
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