Just thinking
1) S32 wrote the value of Hermosa off to the tune of $1.8 billion
2) according to their announcements they are supposed to finish feasibility study by CY 2023. Following which a final decision is expected in Q1 2024
3) with yesterdays drop, or the past few days drop, is the market suggesting that the feasibility study is a “NO GO” - considering they have already written the project off
4) or maybe the feasibility study is border line and the financing is too hard?
thoughts?
$3 Party, page-109
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Last
$3.66 |
Change
-0.050(1.35%) |
Mkt cap ! $16.57B | |||
| Open | High | Low | Value | Volume |
| $3.73 | $3.73 | $3.60 | $56.87M | 15.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 348810 | $3.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.66 | 22679 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| S32 (ASX) Chart |