Agree
I do not think that the IMC transaction will go through. UCORE will take over and leave HXG foundering (still floundering).
The move into REE was desperate after the graphite JV with MIN fell apart. Nothing good usually comes from desperate moves. HXG will not get this through as I doubt an investor will want to fund a 49% investment when they could easily get squeezed out by the majority holder.
We have had no further updates on the financing of the 49% purchase as Mike will not be able to deliver. As a result, the desperation has moved to trying to beef up the Hall's Creek prospects.
In my opinion, management are at fault and have not delivered anything of substance for many years now. A change is needed.
M³ Plan, page-3
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.180M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 100000 | 1 |
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| Last trade - 10.04am 07/08/2024 (20 minute delay) ? |
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