This is extraordinary in my view:
a. the "free trial" (ie accelerated work start, reduced Payment-rate, grant-subsidised and deferred payment) MC51 has got HGO decline advanced, so that drill&blast is being safely started early with much-reduced likelihood of any noise complaints
b. the MC51 is good enough (accurate, "exceptional" finish to walls - ie ideal for your upcoming man-cave!, fair rate of progress, low net cost) that the ventilation shaft can be started early
c. mining contractor PYBAR is on-site doing drill and blast before FID, debt finalisation, and mining-contract signing - ie early progress, confidence from several parties including HGO Board and PYBAR, and opportunity for learnings and work-together experience before signing of a mining contract)
So, shareholders can now be much more comfortable that risk profile has been lowered, and that timings can be achieved.
PS and for those who have been readers of HC for the last few months, the MC51 progress rate has been closer to our expectations than Komatsu's hopes - but they still have an ongoing opportunity to work on that and improve (and to be fair to them they do seem to be learning and improving)
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This is extraordinary in my view:a. the "free trial" (ie...
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $109.6M |
Open | High | Low | Value | Volume |
4.2¢ | 4.3¢ | 4.2¢ | $117.3K | 2.756M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 623165 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1315815 | 0.042 |
7 | 1013165 | 0.041 |
10 | 1365375 | 0.040 |
6 | 2068240 | 0.039 |
7 | 458760 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 775010 | 5 |
0.044 | 6220000 | 3 |
0.045 | 841133 | 6 |
0.046 | 1000827 | 5 |
0.047 | 604000 | 2 |
Last trade - 10.09am 04/07/2025 (20 minute delay) ? |
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THE CALMER CO INTERNATIONAL LIMITED
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