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4.35%

11.0¢ heavy minerals limited

just enjoy the incoming rerate with us on the back of (...

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Dumaguete22

8,009 Posts.

1167

20/01/22

13:35

Post #: 59009353
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Originally posted by PICT: ↑

I don't see an Ann saying the mining licence has been granted

I don't see an Ann saying they have acquired it

All I see is that if a mining licence is granted then they will acquire it, if not then you won't acquire it, so officially just now all you have is a right to buy

1 - at what cost?
2 - where is the money coming from? or will it be shares?
3 - there is still a minimum spend by 19th April next year of ~$1.4m AUD otherwise you lose the rights to the tenement, this has already been extended by 2 years from a force majeure clause

You seem to be on the phone with Nic quite a lot, maybe you should ask him about this and get back to us.........

As I've said in the past the Moz tenement is a bucket holding the SP back, cast it adrift and concentrate on the Garnet and the SP might actually increase, there are too many costs and unknowns with the Moz tenements in my view for people to invest

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just enjoy the incoming rerate with us on the back of ( possible/likely ) company making results, then we can wrestle with your concerns regarding Moz

you should have rolled in with us during the accumulation phase we have witnessed the past two months, its not too late mate..

HVY Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.005(4.35%)		Mkt cap ! $7.289M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.0¢	$1.889K	17.13K

Buyers (Bids)

No.	Vol.	Price($)
4	173261	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	53544	2

View Market Depth

No.	Vol.	Price($)
3	78023	0.105
9	172100	0.100
1	35000	0.091
5	82332	0.090
2	131212	0.080

Price($)	Vol.	No.
0.110	53544	2
0.115	54377	2
0.120	16696	2
0.125	24999	1
0.135	100000	1

Last trade - 14.49pm 02/09/2024 (20 minute delay)

HVY (ASX) Chart