If its a credible MRE with scope to expand, the big boys will always come around and sniff. Not just one, but many. They are always after T1 deposit as you dont get many of them at all.
We can all speculate about how much they will offer for it - i dont think anyone will know at this stage, however i previously posted that BHP made a failed offer to Solgold in 2016 for the equivalent SP of 14c for HCH, and came back again 2 years later in 2018 and made a deal at the equivalent SP of 25c.
Though i would suspect that they will make a more aggressive offer now and for a bigger stake given the copper/ gold outlook & the learnings from Solgold/ Newcrest fallover.
If its a credible MRE with scope to expand, the big boys will...
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Last
$1.23 |
Change
0.025(2.08%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.23 | $1.19 | $146.7K | 121.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 999 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$1.23 |
Change
0.025 ( 2.80 %) |
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| Open | High | Low | Volume | ||
| $1.21 | $1.23 | $1.19 | 32301 | ||
| Last updated 15.49pm 26/04/2024 ? | |||||
| HCH (ASX) Chart |