HXG 12.5% 1.4¢ hexagon energy materials limited

I think you're over-reaching. Retraction indicates that the...

  1. 808 Posts.
    lightbulb Created with Sketch. 48
    I think you're over-reaching. Retraction indicates that the inclusion of NPV based on inferred Resource and exploration target is the reason the study has been retracted.

    The point is that LMB announced economic metrics in a scoping study based on exploration targets. The exploration targets make up ~90% of the scoping study inventory, which no matter which way you cut it, is just plain ridiculous.

    VTEM was not done when study was released, so you're clutching at straws to suggest that the VTEM results supports the scoping study.

    Still worth watching and potential investment IMO, but would like to see geological and project development representation at board level.
 
watchlist Created with Sketch. Add HXG (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
-0.002(12.5%)
Mkt cap ! $7.180M
Open High Low Value Volume
1.8¢ 1.8¢ 1.4¢ $3.159K 188.1K

Buyers (Bids)

No. Vol. Price($)
2 101037 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 150000 1
View Market Depth
Last trade - 14.40pm 12/07/2024 (20 minute delay) ?
HXG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.