Ann: Broad Cu-Au Zones along Trafalgar Trend, page-170

I have read through today's announcement again and several times. Also a few announcements from the last few months. It is clear to me that HMX has not yet delivered the big results. This has certainly disappointed some investors and the result can be seen in an SP that is effectively at the same level as 2 years ago, although HMX has made great progress in the meantime.

What also stands out from my point of view is the fact that the team seems to be very systematic and carefully weighs up the priorities and plans the next steps. Of course, one can disagree with this. When I try to visualize the whole thing in my mind's eye, it feels a bit like shooting a rifle at a target 300 metres away. You don't hit the bull's-eye immediately, but over time you adjust the visor more and more finely until you hit the target.

That's how I see this next shot, which could possibly hit the bull's eye. I wrote something about this on 7 July. In the case of CNB, such a success had a positive influence on the SP - even if only in the short term.

It's nice to see that the HMX team is capable of learning and gets to the bottom of things where it's worthwhile. I would really like to have a crystal ball to predict what will happen in the coming months......however still think that HMX is on course and that success will come sooner or later. How about a second Kalman? For example.Or highgrade at The Springs? Pipeline still full of attractive targets..... DYOR