HMX is in the same area as CNB. Whilst HMX has not discovered the grades of CNB, HMX has a bigger land area, almost twice the size of CNB. HMX keeps on hitting good targets and management has a tremendous track record coming from Gold Road. They are continuously reporting and is going after a Tier1 target. To date the share price has not been rerated, thus they are attracting many buyers and the share price is moving up strongly due for a rerate. CNB is more advance and has been rerated. HMX is only starting with its journey comparing with CNB.
MAN has a very impressive acquisition and when shareholders or the public wake up to the fact, it is going to be a scramble for the shares. Though it has gone up 40% on the first day, it is from a ridiculously low base, thus the potential for a rerate is great IMO. MAN is not in the MT ISA area and project is based in Chile. IMO the share price is low and is the new boy in the block.
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