HMX
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0.00% 3.9¢ hammer metals limited

Ann: Li - Au Drill Program Commences at Yandal Project, page-76

  1. Dragone64
    4,171 Posts.
    lightbulb Created with Sketch. 1356
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    08/03/24
    23:40
    Post #: 72823472
    There is no "fair valuation". It's all a question of perception. CNB seemed cheaply valued 12 months ago at an SP of 1.60 compared to future potential - trades today at 44 cents. HMX was 75% higher around 4 weeks ago. Much has been written about it here. Everyone can take his pick.

    Here is something else to read. For those interested.

    https://www.reuters.com/breakingviews/nickel-rout-is-energy-transition-warning-west-2024-03-08/

    The last section as a "teaser".

    https://hotcopper.com.au/data/attachments/6020/6020813-b4569dc371c093a1607eada879c72278.jpg

    HMX Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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