I've got very mixed feeling re this news. Whilst Mick's tenure at HLX was not perfect, he did achieve some very good things - securing the Cobar ground, finding the Collerina deposit, successfully avoiding shareholder dilution during the lean times when many explorers diluted 10+ times (many are still undergoing share consolidations) etc. Hi biggest failing IMO was that HLX did not drill aggressively enough. Having said that, aggressive drilling requires share dilution so there's no easy answer.
All the best Mick and I'll buy some shares in wherever you end up.
As for HLX, pls just keep up the aggressive drilling/exploration even if it means regular raises. I've only got 30 years left!
HLX Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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