Agree there's a very long way to go with this one. I've been in here just over 12 months and have no intention of going anywhere. Gold assets are a nice distraction and will hopefully generate huge returns for the company but it's definitely not the main game. I'm 99% sure they will not produce any gold themselves but rather sell it on once they have proven up the reserves.
Mt Isa is the future imo. Obviously drill results will determine what happens next but no doubt they will develop a copper mine if drill results are good. Still a long way off but if they can pull it off there's no reason why HMX couldn't have a $500m+ mcap in a few years.
Gold-HMX 12 Month Highs, page-9
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Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.11M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 151023 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 93963 | 2 |
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| Last trade - 10.18am 02/09/2024 (20 minute delay) ? |
| HMX (ASX) Chart |
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