HHR 0.00% 0.7¢ hartshead resources nl

Atwood Achiever - On the Move, page-9

  1. 2,672 Posts.
    lightbulb Created with Sketch. 483
    Another way to say it is, given Toubkal is 1.98 larger to PVD than FAN-1 is to FAR (135mmbbl vs 268.64mmbbl best estimate), PVD at 52c for Toubkal is equivalent to FAR at 1.6c for exposure to FAN-1. Both companies have exposure to a secondary drill, further targets in the immediate area and other targets in other countries. PVD has better economic terms, FAR has overspent on FAN-1, but FAR has other drilling happening much sooner. You can't directly compare SP's but in theory on the maths for exposure to each drill that's essentially a reference point - 1.6c.
    In pointing that out I do not in any way mean to say PVD will go to the equivalent of FAR's ~9c from that point before results, only that 3-4c (or ~$1 in PVD land) could be achievable. I think FAR has gotten ahead of itself on the back of a significant investor applying buying pressure that i'm not sure can be substantiated from the public facts.
 
watchlist Created with Sketch. Add HHR (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $18.25M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $8.778K 1.438M

Buyers (Bids)

No. Vol. Price($)
9 10410172 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 7504209 12
View Market Depth
Last trade - 15.54pm 30/08/2024 (20 minute delay) ?
HHR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.