They need to concentrate on the best project and that is Collerina and if they have had offer(s) for the Chilean leases as they have indicated then sell it but I doubt that anyone would be half interested.
Chile /Peru is far too costly many have tried and most have failed look at MNC massive resource at Los Calatos but too expensive to mine they spent a fortune on the project and are now on life support.
My main beef with management is shareholder relations that could do with an injection they forget who runs this show I haven't spoken to them for ages now and have no intention to do so any time soon but the first thing they say is "if u repeat our conversation on hot copper we won't communicate with u in future" or words to that effect.............now seriously.
Announcement(s) need to be written a lot better and it's about time they topped up their holdings that would be a shot of confidence for a start.
Friday's action was very positive so let's hope we are finally on our way and re-rated by the market which is well overdue this baby is still cheap at $0.08 imo.
HLX - Plenty to like, page-98
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $13.05M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.603K | 400.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 29459527 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 35596611 | 27 |
View Market Depth
| Last trade - 10.04am 08/11/2024 (20 minute delay) ? |
| HLX (ASX) Chart |