HMX 5.41% 3.9¢ hammer metals limited

I think the gold results are very solid. I didn't expect much...

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    I think the gold results are very solid. I didn't expect much from the lithium story when they switched from air core to RM and it was clear that if there was anything there, it was deeper in the ground (and therefore less attractive). The gold, on the other hand, is rather shallow and in the open pit area.

    I don't know enough about the C29 story. As a rule, they say that a lot of back and forth empties your pockets. So do what you think is right.

    Perhaps we should bear in mind that we will soon receive 4m in cash and 9.1m shares of CNB. And this at 55c - which already means a book profit of almost 1m and an equivalent value of almost 6m. This 6m could then be "realised" (if at all) in 2025 - but I suspect at a higher price because I think CNB's SP is rising. That's a lot of money and you can drill a lot with it.

    I am very relaxed.

    T
    he results from Shadow South could be more exciting. After all, it is an IOCG target. What if.......

    Queensland puts 300k into Hardway. Will probably have a reason too.

    June Yandal air core? Interesting....more shallow gold?

    PMI numbers out of China tomorrow - could be crucial in terms of CU price. As I read it, the focus "suddenly" seems to be shifting from technology to commodity players.

    Have a good week. PS. if we approach 4 again, then I'm a buyer.

    https://hotcopper.com.au/data/attachments/6132/6132896-15a455e26fbfa1b571c5f4ef8ed375a0.jpg

 
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