Exactly , most of these specs that are riding the current gold wave will inevitably find it difficult to prove up an economic mine and still be viable when the POG eventually drops. Add the debt that will come with a processing plant after feasibility.
HLX is in the same boat as many of these explorers with the advantage that it has yet to run like many other stocks. Any purchase made around the 1c or under has been a bonus with drilling to come.
Exactly , most of these specs that are riding the current gold...
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0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.131M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.316K | 598.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 81475362 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 21506999 | 9 |
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| Last trade - 10.04am 08/05/2024 (20 minute delay) ? |
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Last
0.4¢ |
Change
0.000 ( 14.3 %) |
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| Open | High | Low | Volume | ||
| 0.4¢ | 0.4¢ | 0.4¢ | 4400000 | ||
| Last updated 14.20pm 08/05/2024 ? | |||||
| HLX (ASX) Chart |