Just as Australia's next cu mine is literally "over the next hill" (from Adelaide),so to is HGO's SP set to rise and punters have little time left to pick them up at sub 30c (IMO) why? -HGO has been trading at a big discount to its high of mid 30s earlier in the year purely on the back of broader market jitters. Over the coming weeks the market should be presented with milestone announcements re K progress including -
Late Aug. HV energisation
Early Sept. Pre commisioning
Late Sept. completion of general construction
Oct. H2O commisioning and of course, shortly after, practical completion!
When production gets right into swing early next year, hopefully accompanied by a positive result from further near mine exploration, and timed nicely for the predicted record cu prices, well, waiting for the next downtrend, mmm?
Just as Australia's next cu mine is literally "over the next...
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Last
5.5¢ |
Change
-0.002(3.51%) |
Mkt cap ! $115.2M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.7¢ | 5.5¢ | $229.2K | 4.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1508162 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 61250 | 2 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |