Monny,
We could read this situation a little differently.
All enthusiasm, all the rosy upside has been washed out of HFR, replaced by a cold calculus of the likelihood of the Spanish government permitting mining on worthwhile terms.
As Spain allows mining without royalties or taxes, there is no incentive for the government beyond the modest increase in economic activity. They will be more concerned about consequences - salt, subsidence and remediation - the final sticking points.
68c is the bottom IF Spain promptly approves the mine as HFR strenuously asserts it will (and has claimed for nearly 3 years). Delay or fresh objections now will send the share price into a tailspin.
Do you feel lucky?
![]()
Ash
- Forums
- ASX - By Stock
- HFR
- Ann: Corporate Presentation - July 2018
Ann: Corporate Presentation - July 2018, page-6
-
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HFR (ASX) to my watchlist
|
|||||
Last
34.0¢ |
Change
0.025(7.94%) |
Mkt cap ! $131.3M |
Open | High | Low | Value | Volume |
31.5¢ | 34.0¢ | 31.5¢ | $71.87K | 218.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6000 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 33519 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6000 | 0.325 |
2 | 800 | 0.320 |
2 | 28805 | 0.315 |
2 | 38485 | 0.295 |
1 | 50000 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 33519 | 2 |
0.345 | 10 | 1 |
0.350 | 10700 | 2 |
0.360 | 20730 | 3 |
0.365 | 1450 | 2 |
Last trade - 11.29am 31/07/2024 (20 minute delay) ? |
Featured News
HFR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online