LOT

2.22%

22.0¢ lotus resources limited

Ann: Drilling Commences at Hylea Cobalt Project, page-59

First 59 Last

Share
Profile

Follow
unlucky_bacs

6,518 Posts.

116

13/06/18

21:47

Post #: 33693475
Share

Originally posted by kellbys ↑

unlucky_bacs,

I feel for you matey. We've all held those stocks at one time that break us. However I'm confident because management is confident. I don't rely on luck when investing. Have done my due diligence before investing. There was a number of positive things that made this stock stand out from the crowd for me when i was considering investing.

1/ Company has $1.5 Million in cash at bank.

2/ Top 20 hold 80% of stock. ( thats almost unheard of )

3/ 1 Billion shares are held in escrow until May 2019 and can't be traded.

4/ Known resource is close to surface.

5/ Location. Next door to CLQ and AUZ is about as good as you can get.

6/ We have the right geology to host Cobalt. The laterite sequence hosts cobalt – nickel – platinum and scandium mineralisation consistent with the nearby Sunrise (CleanTeq), Flemington (Australian Mines) and Owendale (Platina Resources) resources.

7/ Theres a lot of upside that may surprise many. Hylea has received comparably very little exploration, which principally targeted platinum, nickel and vermiculite but not cobalt.

8/ Historical drilling has confirmed high grade Cobalt close to surface over significant widths.
Results such as 7m at 0.32% cobalt, including 1m @ 0.64% Co (hole HRC007) and 8m at 0.27% cobalt, including 1m @ 0.85% Co (hole HRC003).

9/ Along with high grade Cobalt we have potential for other minerals including Scandium, Nickel and Platinum.

10/ Current drilling campaign has confirmed Laterite intersected in all of the first 13 holes drilled as at 14/5/18.

11/ HCO MC is only $22 Million, compared to AUZ with a MC of $260 Million and CLQ with MC of $780 Million. HCO has plenty of room to significantly rerate on positive high grade Cobalt results.

12/ Assay results are less than a week away and drilling is progressing with 50 hole drilling campaign nearing completion in late June.

13/ Significant news flow expected in coming weeks and months to support continued rerate of share price and interest in stock.

Expand

Thanks for the detailed response most bailed when old unlucky was still holding rir and got my balls when and truely burnt.

Thought old unluckys luck had changed then logged into see the crypto market wowee boy oh boy old unlucky needs this to pay the gas this week!

HCO Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HotCopper Highlights: Your most watched stocks for Week 2, 2025

IFL

Insignia: No truth to claims New York equity heavyweight has joined bidding war

ARN

Aldoro jumps 20% after hitting 388 metres of niobium mineralisation at Kameelburg

GNP

Genus signs on to renewable energy electricity upgrade with Western Power

OEC

Microcap Orbital UAV jumps on $2.5M from WA gov't to make local

Week 2 Wrap: Insignia denies Brookfield bid; Star teetering; 1.5C breached & Samsung’s AI TVs

RAD

$8M deal sees Private Lantheus pick up 12.16% of Radiopharm Theranostics

URW

URW starts JV in 'one of the strongest and best-performing' shopping centres in Prague with quarter-stake sale

MTH

Mithril snaps up key technical advisers to support Mexican silver-gold push

MSB

HotCopper users flock to make sense of darling Mesoblast's 'proposed financing'

First 59 Last

Add LOT (ASX) to my watchlist

(20min delay)
Last 22.0¢		Change -0.005(2.22%)		Mkt cap ! $519.7M

Open	High	Low	Value	Volume
22.0¢	22.5¢	21.8¢	$590.0K	2.674M

Buyers (Bids)

No.	Vol.	Price($)
1	222221	22.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	403944	6

View Market Depth

No.	Vol.	Price($)
1	222221	0.220
18	638012	0.215
14	969516	0.210
9	1125671	0.205
14	276683	0.200

Price($)	Vol.	No.
0.225	320944	4
0.230	43482	1
0.235	225726	4
0.240	52477	5
0.245	129500	3

Last trade - 16.10pm 10/01/2025 (20 minute delay)

LOT (ASX) Chart

Ann: Drilling Commences at Hylea Cobalt Project, page-59

HotCopper Highlights: Your most watched stocks for Week 2, 2025

Insignia: No truth to claims New York equity heavyweight has joined bidding war

Aldoro jumps 20% after hitting 388 metres of niobium mineralisation at Kameelburg

Genus signs on to renewable energy electricity upgrade with Western Power

Microcap Orbital UAV jumps on $2.5M from WA gov't to make local

Week 2 Wrap: Insignia denies Brookfield bid; Star teetering; 1.5C breached & Samsung’s AI TVs

$8M deal sees Private Lantheus pick up 12.16% of Radiopharm Theranostics

URW starts JV in 'one of the strongest and best-performing' shopping centres in Prague with quarter-stake sale

Mithril snaps up key technical advisers to support Mexican silver-gold push

HotCopper users flock to make sense of darling Mesoblast's 'proposed financing'

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Drilling Commences at Hylea Cobalt Project, page-59

Top Stories

HotCopper Highlights: Your most watched stocks for Week 2, 2025

Insignia: No truth to claims New York equity heavyweight has joined bidding war

Aldoro jumps 20% after hitting 388 metres of niobium mineralisation at Kameelburg

Genus signs on to renewable energy electricity upgrade with Western Power

Microcap Orbital UAV jumps on $2.5M from WA gov't to make local

Week 2 Wrap: Insignia denies Brookfield bid; Star teetering; 1.5C breached & Samsung’s AI TVs

$8M deal sees Private Lantheus pick up 12.16% of Radiopharm Theranostics

URW starts JV in 'one of the strongest and best-performing' shopping centres in Prague with quarter-stake sale

Mithril snaps up key technical advisers to support Mexican silver-gold push

HotCopper users flock to make sense of darling Mesoblast's 'proposed financing'

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News