HVY heavy minerals limited

Never have any cash, page-46

  1. 950 Posts.
    lightbulb Created with Sketch. 148
    I don't know how much mentioned of quality management there has been but id say managements interests are aligned with shareholders very strongly in this case given the large % of the company Adam owns.

    Aaron Williams worked for GMA, so you'd hope he had learned from their mistakes and has a lot of industry connections. Therefor is very valuable to the company.
    If management were here to just take the easy road and make money wages would be much higher and they wouldnt be risking compliance issues, just raise a lot to make sure their wages are paid.

    The thing with this company compared to a lot of junior explorers is they don't really need to have a lot of wins, the main win so far is that we haven't had big dilution but the projects are progressing. The deposit is very simple compared to drilling for copper or gold etc. I assume you are talking about NES in relation to the past experience of the team? fairly different company and so far hasn't been in any way similar.

    Yes its very illiquid as I have complained about previously, but that is the risk and the reward here as if we keep a tight register as long as possible the gains are magnified in the end. I couldn't exit my position without bombing the price but that was a risk I knew I was taking.


    RDG was extremely poorly management and is still struggling with its other projects to reach name plate. It was still able to be sold off so clearly the buyers saw value, and it reached much higher valuations than currently seen here. As with all commodity plays HVY is a slave to the price of its underlying commodity and holders here would generally be bullish on the demand and price case for Garnet sand. Management also have been able to see the mistakes RDG made and hopefully wont make the same when hopefully when get the building the plant.

    And share holders pumping on multiple platforms ? reddit? what else? And if you think directors are just posting here to pump name them instead of just posting vague statements.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
29.5¢
Change
-0.005(1.67%)
Mkt cap ! $19.93M
Open High Low Value Volume
29.0¢ 29.5¢ 29.0¢ $2.361K 8.065K

Buyers (Bids)

No. Vol. Price($)
1 3500 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 55000 2
View Market Depth
Last trade - 10.00am 25/06/2025 (20 minute delay) ?
HVY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.