Hi justifiedduck im actually the guy whose a member of 2portfolios.com
I dont know
@JeffBezos .
Mate -Just cos you've obviously had bad experiences with stocks and or this company and you have a suspicious negative (or non positive) outlook that doesn't mean everyone is like that. I have actually found the guys who run that 2portfolios club work with a lot of integrity.
Mate not everyone in the world is just a scammer or ramper as you automatically presume.
And as for us "ramping" - the way I read it here the HVY positive shareholders here have been posting facts. - not just inane negative comments about what could go wrong. mate - everything could go wrong- we all know that. But we are here to find those companies than can go right- and so far in my book HVY is doing a lot right and so far not too much wrong.
- FACT -they have got the project put together and to PFS stage with just issuing 70 mill shares
- FACT -they have done the first pre PFS royalty funding on the ASX
-FACT thy are on small salaries of around A$50,000 a year
-FACT the directors do own shares so are alligned ith shareholders
- FACT -they have just got the best sales guy in the garnet industry to move to them from the current biggest Garnet seller - why would he do that if he didn't see promise with HVY?.
- FACT- they do have Royal IHC- one of the biggest European (Dutch) engineering firms and mine plant and shipbuilding companies as their SS and PFS engineers.
- FACT -In their independent Ssoping study(12/09/22) IHC said (not HVY - and certainly not us "evil rampers") that HVY should by IHC engineers own conservative and , jorc-compliant, ASX qualified calls, can expect to be making around A$ 40 mill post-tax profit a year after production with a 150mntp plant they approve.....
. Are Royal INC engineering "rampers" too???.FACT .- and IHC use a conservative figure of A$720 a ton in the SS . - right now the price of normal mesh alluvial garnet of GMA quality is selling for over A$900 per ton.so we could even increase that figure based on the new Facxts since the SS.
- FACT -In a letter (29 09 23 ) altradius - the Dutch government backed export credit agency has agreed to support the funding of the IHC (dutch) made plant by paying for it as an export credit and getting repaid from production.
Do you think Multi billion dollar company Altradius and the Dutch government are also just "rampers"??FACT-ABSS - the biggest garnet wholeseller in Australia has done an offtake MOU (non binding as yet) with HVY to take their product -
Are ABSS also "just rampers" too doing false MOU's??FACT- their trucking company to move the garnet from the mine to the port are the ones who took up 2 million A$ of the royalty payment - that to me is very strong for ateam- or is the trucking co also a "just a ramper".
FACT- (and look at this
@kervio and please learn) there is an ATM cash raise facility going on now for HVY via the Perth Broker Acentuire where they are selling HVY shares in the market to cash them up - hence the 1.4 million of volume going through on Friday. -so there A$ 300,000 funding for them in one day.- and you didn't even know it went through - thats how behind the eight ball you are Kervio
FACT _ the PG resource has been upgraded since the SS which will probably greatly increase HVY's NPV (Independently valued ASX acceptable Net present value) of A$ 280 million to around A$ 350 million today at my guess.(it'll show in the PFS soon) - and right now the market cap of HVY is a only A$17 million . thats under 5% of its real independently assumed value.
thats like us positive guys on HVY hers showing you a A$ 100,000 valued car by a qualified dealer which today is on sale for onloy A$5,000 and saying this looks like a good potential buy at this price - and you saying that for doing that we are " scammers and rampers" - are you kidding me?? im happy to buy and promote good products which i see have promise for just 5% of their NPV. our downside is small and upside is big and thats what this gambling game we play here is all ablout.
But i see others not getting through to you - and I fear you will remain negative even as HVY stock hopefully keeps rising - so iys best i don't waste more of my positive energy on you.
Thanks
(20min delay)