Well done. HGO has to be a favourite starting at outside chance odds. My Uncle Henry would say its a bloody certainty.
I got a brokers report yesterday which tells you how crazy the market is.
I raise it only because its a prospective porphyry Copper Gold Explorer with Els in Victoria a bit east of our SE tenements.
All it has is 1,500 kms of exploration leases and some low grade resources (HGO 5,600 kmsq) It burnt $23m this year and will be burning cash at the rate of $13m for the next three years and then needs to find another $220m in 2025 to earn revenues of $228m in 2026.
They have a Market CAP of $130m and the broker recons they have a value of $200m
As opposed to that HGO has a market cap of $60 which is supported by
*$300m of plant Equipment and tax benefits
*4x their ELS in Area
* will be producing a similar amount of revenue 3 years earlier.
I won't be rushing to buy any SVY
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Well done. HGO has to be a favourite starting at outside chance...
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Last
6.7¢ |
Change
0.001(1.52%) |
Mkt cap ! $140.4M |
Open | High | Low | Value | Volume |
6.6¢ | 6.9¢ | 6.6¢ | $151.5K | 2.262M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 546989 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 92468 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 546989 | 0.066 |
4 | 416844 | 0.065 |
6 | 444408 | 0.064 |
6 | 354576 | 0.063 |
7 | 654103 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 92468 | 2 |
0.068 | 62477 | 2 |
0.069 | 412735 | 2 |
0.070 | 336580 | 7 |
0.071 | 130000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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