I'm NOT a big fan of HLX.
They been around since 1986 and still exploring. I don't know what they've been doing since 1986, takes too long to research all the way back to 1986.
How do they fund exploration expenses and any share consolidations over those years??? They've done a lot of explorations has any project moved forward into production?
Their Chile project is small (1.5mt) and grade 1.4% copper low grade. Their NSW similar 1.5mt 1.2% copper. Their iron ore is dead useless.
PEX does not print shares, actually the last placement was done at 50c. Further, we got many JORCs already and good grades so far without issue more shares.
Just IMHO.
Ann: Significant New Copper Intercept at Mallee Bull, page-107
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