HVY 9.09% 12.0¢ heavy minerals limited

NPV aside, one should also focus on the free cashflow over the...

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  1. 270 Posts.
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    NPV aside, one should also focus on the free cashflow over the life of mine. If port gregory free cash flow comes in at above 400M, that would be like 24M every year for maybe 17 years as there is nofurther need for grade control drilling once reserves are definedupfront during BFS. A 70% dividend payout will mean 16M per annum, almost 2x current MC. This project has no / minimal enviro or heritage approvals risk due to GMA operations next door setting precedence, and also RDG further north, so Port Gregory will be a very hard project to cock up. IMO DYOR
 
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Last
12.0¢
Change
0.010(9.09%)
Mkt cap ! $8.045M
Open High Low Value Volume
12.0¢ 12.0¢ 11.0¢ $28.62K 258.0K

Buyers (Bids)

No. Vol. Price($)
1 38095 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 87802 2
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Last trade - 12.53pm 07/11/2024 (20 minute delay) ?
HVY (ASX) Chart
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