HVY 1.64% 6.2¢ heavy minerals limited

Adn will start mining ( firstly dso ) this year and start...

  1. 474 Posts.
    lightbulb Created with Sketch. 203
    Adn will start mining ( firstly dso ) this year and start construction of their processing plant around june/july with production of refined product end of 22 or start of 23. So it's impossible to hvy mining earlier. I expect the scoping study here possibly in late q2 or q3, then you need pfs and dfs/bfs while testing, marketing, send samples, bulk samples, offtakes, negotiations and all the environmental studys, mining license procedere etc. While i am very bullish here it seems we need minimum 2 years to construction. But that surely dont mean our shareprice will stay this extremely undervalued all the time. Was in the webinar some info of the pricing of refined garnet?
 
watchlist Created with Sketch. Add HVY (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
0.001(1.64%)
Mkt cap ! $3.904M
Open High Low Value Volume
6.2¢ 6.2¢ 6.2¢ $391 6.305K

Buyers (Bids)

No. Vol. Price($)
3 54000 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.8¢ 3217 1
View Market Depth
Last trade - 10.04am 03/05/2024 (20 minute delay) ?
HVY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.