For years I’ve heard they are fast tracking certain target’s based on the latest magnetic surveys and they all come with nothing material. I’m not holding any hopes that these 3 latest targets will be anything different.
Share consolidation and cap raise coming for sure. I would not be buying at these prices thinking these targets are going to be anything different from the others. This is a lifestyle casino company now. Post share consolidation they will drill further targets and if they find nothing substantial it’s going into administration.
I’ve seen this play out too many times before. I played my cards on this one and sadly lost.
FFS wasting our money on setting up a nickel IPO! Mike and his girlfriend running this show are desperate. They know they won’t find anything commercially viable, in these Cobar style mineralisations.
HLX Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
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