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2.27%

4.3¢ hammer metals limited

Excellent thank you DavidW for your explanation, hopefully you...

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kirtap

51 Posts.

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30/01/19

09:15

Post #: 37259698
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Originally posted by DavidW: ↑

kirtap, IMO we are in the orphan period, we have proven resources e.g. Kalman deposit which are world class i.e. copper, molybdenum and Rhenium on hold until the world prices for these raw materials rise. We have joint ventures with reputable companies because again IMO we can't do it all on such a large land holding but need to keep the exploration active and managed. HMX has been selectively adding to holdings to during the downturn. A while back now ( a couple of years) they raised and attracted new blood at multiples of what the price is now. That speaks volumes for value at these prices with the value in the ground and increasing demand for copper for EV's. Silver, and molybdenum will also be big payers in that market and Kalman has it all. So I would say we are in the orphan period which is an opportunity. Cobalt and gold will draw attention when further results are in. Let's hope another major discovery presents as there are many targets in the pipeline.

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Excellent thank you DavidW for your explanation, hopefully you are correct and we are heading in the right direction

HMX Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.3¢		Change -0.001(2.27%)		Mkt cap ! $38.11M

Open	High	Low	Value	Volume
4.4¢	4.4¢	4.3¢	$50.05K	1.139M

Buyers (Bids)

No.	Vol.	Price($)
1	132938	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	110678	3

View Market Depth

No.	Vol.	Price($)
1	132938	0.043
3	135728	0.042
3	31000	0.041
3	225000	0.040
3	470000	0.039

Price($)	Vol.	No.
0.044	110678	3
0.045	87121	4
0.046	34590	2
0.047	33333	1
0.049	100000	1

Last trade - 15.11pm 29/04/2024 (20 minute delay)


Last 4.3¢			Change -0.001 ( 2.27 %)
Open	High		Low	Volume
4.5¢	4.5¢		4.3¢	186957
Last updated 15.09pm 29/04/2024 ?

HMX (ASX) Chart