A4N 0.96% $1.05 alpha hpa limited

fatcactus - this is perhaps the best answer to your question,...

  1. 32 Posts.
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    fatcactus - this is perhaps the best answer to your question, taken from page 17 of he 27Nov AGM presentation.

    http://www.alphahpa.com.au/index.cfm/reports-and-announcements/asx-announcements/2019-asx-announcements/

    When you think about ROI in a 2-3 year period this stock is as good as it gets IMO. Current SP is a mere fraction of where it will be. Norman Seckold has a strong record and reputation and there is no reason why this deadline won't be met given the the companies current stage (ie successful pilot plant runs) I have personally been involved in the construction and commisioning of an explosives plant in central queensland in a similar timeframe with success.

    I personally find it hard to comprehend current sellers at this price, so close to DFS and offtake release and can only attribute it to poor money management.
    Last edited by hocko: 11/12/19
 
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