Hi posters,
Just doing research into this company and wishing to get my facts straight about what seems to be a undervalued stock.
Based on reports, thses shares currently trading at 18.5c have a NTA of 17 c, their previous PE is at about 8, have little debt, few shares on issue (54 million) and are one of the few Tantalum producers around.
Can anyone correct me on this? I thought Tantalum was rare and in demand. Can anyone tell me what HDN produces pa and what the current price is for tantalum.
They also seemed not to be able to offlaod their gold assets in QLD. surely this can only be a good thing given the gold price.
thanks in advance for responses
Pelsaert
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