@gdavs - To ask HC fans about future production, future pricing/sales, future costs, future capex, future exploration areas might be putting your head in a spin and every else's.
So instead of spacing us all out by seeking response based on a plethora of variables, what about considering just the current scenario (in the DFS).
I'm very content ( but my mouth is drooling!) knowing that Andy Well output will perform better than 505,000 oz - with the additional planned drilling.
- just take take a look at how rich the returns shall be from the DFS excerpt from page 18:-
( I've highlighted a section that will keep us very happy in just the first 24 months)
*** I'm confident that MEK will double the Andy Well resource.
And I don't care if the grade of this second 505k oz might even be finalised at a lower grade.
If first gold is announced within the next 40 days, MEK is going to shine brighter than all the rest.
***Consider also the previous history of Andy Well & associated tenements - which can be found at :
https://www.********.com.au/asxdata/20201221/pdf/02324799.pdf
- Additional targets are identified, with some occasinal assays It's possible that there might be even yet another 505,000 oz on the remainder of the tenements - but I don't care - this phase is too far in the future for me - especially when one considering the 5 variables in the first line of this post.
P.S - I'm overweight in MEK ( & and in gold).
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Ann: Further Shallow Oxide Gold in Extension Drilling, page-37
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13.5¢ |
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Mkt cap ! $393.6M |
Open | High | Low | Value | Volume |
14.0¢ | 14.5¢ | 13.5¢ | $2.496M | 17.81M |
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No. | Vol. | Price($) |
---|---|---|
65 | 5454776 | 13.5¢ |
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Price($) | Vol. | No. |
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14.0¢ | 230000 | 2 |
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No. | Vol. | Price($) |
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65 | 5454776 | 0.135 |
44 | 2286928 | 0.130 |
19 | 2386219 | 0.125 |
13 | 343990 | 0.120 |
3 | 57349 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 230000 | 2 |
0.145 | 2305932 | 24 |
0.150 | 3073303 | 21 |
0.155 | 1527658 | 14 |
0.160 | 2862515 | 17 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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