Compelling story and discovery it seems ...
... but not an Insignificant number of shares on issue here @ 1.038 Bill after recent placement giving a Mcap of approx $88.3m (undiluted).
So not a spring chicken mcap wise IMO. HC has MC @ 47m which is out of date and misleading.
I remember about 10yrs ago they made a major discovery Au in Pilbara (Actually got explorer of the year for that) but it never got developed. Also recently another discovery with in Pilbara conglomerate Au gold rush. Seems they can find the Au but have difficulty getting to mine stage for whatever reason. Can anyone fill in the blanks here on DEG
I wonder what will happen here with Hemi... Mine or mothballs ?
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- Ann: Hemi confirms potential for major discovery
Ann: Hemi confirms potential for major discovery, page-82
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