Those are some valid points, Eastwest.
I don't take such a negative view. Honestly, we have to admit that (aggressive) planning for drillings in 2024 was not possible. It's difficult to plan without cash. Fact is: without the CNB deal, HMX would be in a very difficult situation (and so would we). A CR in the current environment is a nightmare.
Let's wait and see what Hardway and the drillings in Yandal (gold) bring.
I also expect a few hints about HMX's plans for 2024/2025 in the Quarterly Report and especially in connection with the Diggers & Dealers Conference in August.
Perhaps it all boils down to the fact that we won't see an aggressive drilling program on various fronts until 2025. However, that would then be some potentially exciting catalysts that could have a major impact on the SP.
It looks like we will (unfortunately) have to continue to be patient.
Ann: HMX Executes JV Agreement with SMMO at Bullrush IOCG Project, page-7
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HMX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $31.91M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.6¢ | $17.65K | 481.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 251456 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 145000 | 1 |
View Market Depth
| Last trade - 15.44pm 09/08/2024 (20 minute delay) ? |
| HMX (ASX) Chart |