But DRE has nothing yet. No permits, no pathway to commercialisation, bugger all cash in the bank, and a "potentially" larger resource. Hastings on the other hand will be digging up and selling product by 2024 and is well on the way to setting itself up as a fully vertically integrated entity - mine to magnet. Also wouldn't be surprised if there's a takeover bid in the future which would be win-win for both companies.
DRE is doing well currently which is great for the future valuation of Hastings and also the other players in the region.
Ann: To Acquire Shareholding in NEO - Investment in HAS by Wyloo, page-50
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Last
22.8¢ |
Change
0.008(3.41%) |
Mkt cap ! $40.12M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.5¢ | $117.5K | 520.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 94573 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 196842 | 10 |
View Market Depth
| Last trade - 13.44pm 03/06/2024 (20 minute delay) ? |
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Last
23.0¢ |
Change
0.008 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 23.0¢ | 22.5¢ | 74578 | ||
| Last updated 13.44pm 03/06/2024 ? | |||||
| HAS (ASX) Chart |