I rarely post here but I think HGO is the kind of business I want to hang onto in a rising interest rates/rising inflation environment.
Commodities do well in these times and copper is one of those standout commodities even without the EV potential demand.
HGO also seems to have a good relationship with government. So loans, subsidies & other incentives will continue to flow. It
is a source of significant employment - you know jobs, jobs, jobs blah blah blah
The time proximity of mining again, retained tax losses, franking credits, increased resources and miniscule $$ to get going again all seem to me to
mitigate the risk of holding an explorer with no current revenue.
I have been building my stake and I'm now down to an average of 14.5 cents so a rerate to 25 cents seems totally doable and there are
good prospects of FF dividends (they already did it once recently so no resistance to doing so again) are also attractive.
Not the time to bail IMO
Cheers
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Last
6.4¢ |
Change
0.001(1.59%) |
Mkt cap ! $134.1M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.1¢ | $114.1K | 1.820M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199989 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 425332 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 199989 | 0.062 |
3 | 580136 | 0.061 |
6 | 227106 | 0.060 |
3 | 315000 | 0.059 |
3 | 362000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 425332 | 2 |
0.065 | 598913 | 3 |
0.066 | 30000 | 1 |
0.067 | 14940 | 1 |
0.068 | 732700 | 5 |
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