yep. Had we had the right macro environment today I reckon it would have ran hard. Alas, HWK still finished up 38.5% on a day where $40 billion was wiped off the market, asx worst trading session since September.
It was a cracker of an announcement:
* 90% recoveries
* successful removal of impurities
* on track to produce battery grade carbonate NEXF MONTH
* intellectual property development program
* “with drill approval imminent at Big Sandy, the Company will rapidly progress development of the project to realise its full economic potential.” - I like the sound of this. Sounds like a whole lot more resource coming our way, with 96% of the project area still to be drilled. And perfect timing given the current lithium boom and boom in carbonate prices
Should overnight markets bounce back tonight then I think HWK could return to the 6’s pretty quickly tomorrow.
IMO
GLTAH
yep. Had we had the right macro environment today I reckon it...
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $71.58M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $97.99K | 6.146M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 8254313 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 237969 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AZL (ASX) Chart |