HAS 0.00% 28.0¢ hastings technology metals ltd

Right on. The short term grasshoppers on HC can confuse issues...

  1. 144 Posts.
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    Right on. The short term grasshoppers on HC can confuse issues sometimes. Anyone with a view out to 2024 should be hellishly bullish on this stock. Just a few quick points.
    * Canacord did a report on it in November2020 with a target of 30c. At that time the NdPr price was AUD38/Kg in their estimate. LYC is now quoting USD64.7 in their FY21 report. That dramatically changes everything.
    * LYC produced 15,761T RE of which 5461T was NdPr. Yes they plan to grow but their market cap is already 6.8 Bil. HAS has plans for 15,000T and market cap is 470mil plus add the 520 mil needed in investment for the first stage and no doubt more to full 15,000T. Still looks like blue sky in a few years.
 
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Mkt cap ! $49.38M
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28.0¢ 29.0¢ 28.0¢ $75.53K 268.5K

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4 135803 28.0¢
 

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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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