HVY 3.85% 5.4¢ heavy minerals limited

Ann: Corporate Presentation, page-7

  1. 4 Posts.
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    Doesn't seem likely at the moment. Andrew says the PFS was looking to finish 'middle of next year'

    Not sure if $250k will get us much further. Early OCT presentation had us at $320k.
    $70k for just over 1 month. So I assume we only have roughly 3 more months of $$$
    Hopefully the team can sort some more funding.
    Andrew says we have a few avenues to look at either with the 'more traditional' ways I assume he means a CR but we do have our interest from Atradius and Export Finance Australia as seen on the summary slide which says 'already advancing'
    I am not too worried about the financing at the moment.

    The 'letters of intent from customers' seems interesting, will have to wait until nearly finished PFS to get any more info I assume.

    I've picked up a few parcels at this cheap price as I still believe its under valued, just gonna have to hold until PFS drops. Hopefully we will be looking better after that.

    Have a watch of the below.
    I was a little upset when Nick left but Andrew seems very knowledgeable and a good presenter to me at least.

 
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