MHC's uranium prospects were the reason I first invested in the company way back in 2013 - I've been accumulating ever since!
As has been said before, it would likely require a change of WA government in order for MHC to be able to exploit that U3O8 resource. Given that McGowan was just re-elected for another 4 years, change in policy looks unlikely any time soon.
My guess is the recent uplift in MHC trading volumes are unrelated to U price.
A Purchase to Remember, page-153
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Last
0.2¢ |
Change
0.001(100%) |
Mkt cap ! $8.995M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.22K | 609.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 101722456 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 43854520 | 29 |
View Market Depth
| Last trade - 15.39pm 08/11/2024 (20 minute delay) ? |
| MHC (ASX) Chart |