But DRE has nothing yet. No permits, no pathway to commercialisation, bugger all cash in the bank, and a "potentially" larger resource. Hastings on the other hand will be digging up and selling product by 2024 and is well on the way to setting itself up as a fully vertically integrated entity - mine to magnet. Also wouldn't be surprised if there's a takeover bid in the future which would be win-win for both companies.
DRE is doing well currently which is great for the future valuation of Hastings and also the other players in the region.
Ann: To Acquire Shareholding in NEO - Investment in HAS by Wyloo, page-50
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Last
27.5¢ |
Change
0.005(1.85%) |
Mkt cap ! $51.53M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 27.5¢ | $3.952K | 14.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 27516 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 11799 | 5 |
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| Last trade - 12.29pm 30/08/2024 (20 minute delay) ? |
| HAS (ASX) Chart |