My belief which im guessing is similar to Buffalo's is that within 3-5 years the company will be taken over for over a billion dollars. at our current 123m MC, thats about 8x current price conservatively. In 2014 when copper price was $3.10lb, Augusta Resources was taken over for 710m. They had 2.7mt copper, similar amount of Molybdenum and 61Moz of silver (HCH has about 10Moz). I am hopeful that we can reach 3.5-4Mt copper and over 3Moz gold. Using that logic of a larger resource and a higher copper price we get around a billion dollar take over value
59M Crossed at 3.9c...is the seller done ?, page-27
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Last
83.5¢ |
Change
-0.010(1.18%) |
Mkt cap ! $124.9M | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 84.5¢ | 82.5¢ | $49.09K | 59.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 25419 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 7955 | 1 |
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| Last trade - 15.42pm 04/11/2024 (20 minute delay) ? |
| HCH (ASX) Chart |