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4.17%

11.5¢ heavy minerals limited

https://themarketherald.com.au/heavy-minerals-asxhvy-scoping-stud...

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Accumul8

1,983 Posts.

1605

13/09/22

10:43

Post #: 63665987
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Originally posted by Dumaguete22: ↑

At the end of the day the long-term outlook for quality Industrial Garnet is robust, accompanying that with HVY and what they have under a $9m mcap would suggest the SP won't be going down too much from here, the T20 is very solid.

the key with HVY GMA RDG is the quality of the product and the real possibility of the three dominating the world market for decades leaving the rest to shut shop, as Nick said, it's like QLD's Moranbah coking coal equivalent when global grading/quality against comes into it.

Time will tell but i reckon the buyers will come in and take this on as they have done since listing, quick little cash injection to see them through to the decision to mine, could be an SPP considering the strength of the register.

As for the Ilminite, Nick did say RDG is stockpiling their Ilmenite which tells a story? , maybe it has more to the story? time will tell, $9mcap is a pretty solid investment imo.

Thanks for your quality input

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https://themarketherald.com.au/heavy-minerals-asxhvy-scoping-study-outlines-robust-nature-of-port-gregory-2022-09-12/

HVY Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.5¢		Change -0.005(4.17%)		Mkt cap ! $7.951M

Open	High	Low	Value	Volume
12.0¢	12.0¢	11.5¢	$636	5.446K

Buyers (Bids)

No.	Vol.	Price($)
2	67032	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	101515	4

View Market Depth

No.	Vol.	Price($)
2	67032	0.115
4	122653	0.110
2	22023	0.105
8	157979	0.100
1	35000	0.091

Price($)	Vol.	No.
0.125	101515	4
0.130	23500	2
0.135	350000	2
0.140	284272	2
0.145	100000	1

Last trade - 11.31am 22/08/2024 (20 minute delay)

HVY (ASX) Chart