HAS 8.20% 33.0¢ hastings technology metals ltd

In the right direction?

  1. 1,398 Posts.
    lightbulb Created with Sketch. 10
    Hi all, I've just recently become a shareholder with a couple of nibbles from my SMSF the last couple of days and I will get a lot more later as well.

    After reading all the reports and presentations of the last 6 months all seems to be on track,
    NAIF financial support to the tune of 220 million.
    Construction well underway at both sites particularly the mining site.
    What appears to be an excellent board of directors with some great inclusions of late.
    A substantial amount of reserves with potential for a lot more in future.
    In a great their 1 location with all our neighbours currently or about to undergo drilling campaigns.
    Potential aqausitions, mergers or sharing - leasing of facilities in the future.
    Products that will be in high demand for the modern world for decades to come.
    180 odd million in the bank.
    Market cap of 260 million or so is this right?

    Only "IF" I can come up with is locked in 100% finance for the entire project, but surely this is going to happen, how could it not in this sector.

    And course the usual boogymans like WW3, world economy meltdowns etc.

    Would love to hear your thoughts everyone.













 
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
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