Small holding from around 14 months ago but really only started accumulating a decent parcel from Feb this year... so I probably helped cause covid as is the way with my timing for things... lots of others here have been around alot longer then I have.
Its not just going to come down to the MRE figure but also how the company presents it.
From a long term perspective there would likely be nothing wrong with the maiden coming in at around 350mt but I am afraid if that does happen it wont be received well by the market.... expectations have not been managed well.
At 500mt surely as a minimum a $300-$400 mil MC can be justified especially in the current market.... if they can prove up some of the growth targets following that? Who knows... I personally don't think HCH will ever mine Cortadera.
With CRP0016D now being included I can't see why we cant hit 500mt which would be amazing but again coming in lower provided it is presented correctly shouldnt be an issue.
My opinion only.
Small holding from around 14 months ago but really only started...
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Last
$1.18 |
Change
-0.040(3.28%) |
Mkt cap ! $140.9M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.18 | $111.6K | 91.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 10315 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 4065 | 1 |
View Market Depth
| Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
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Last
$1.18 |
Change
-0.040 ( 2.25 %) |
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| Open | High | Low | Volume | ||
| $1.25 | $1.26 | $1.18 | 20930 | ||
| Last updated 15.59pm 19/04/2024 ? | |||||
| HCH (ASX) Chart |