HMX 4.35% 4.4¢ hammer metals limited

Most leveraged upside stock ive seen in years.

  1. 11,845 Posts.
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    This stock is one of the most leveraged plays i have seen in years. Easy the pick of the bunch.

    They have just done a road show, so people will be watching now.

    25 years of digging around exploration stocks shows me this is a very interesting play for the money. 

    Pl READ THE PRESENTATION , it is amazing considering this is an $8m market cap.



    Just some of the highlights below.


    1- Only 268m shares out x 3c

    2- JV with Gencore

    3-JV with Newmont

    4- Tiny market cap

    5- Short term drilling a massive copper/gold target at Perentie with km's of strike and shallow cover

    6- Multiple high grade copper and Gold for km's on several areas

    7- Money to drill

    8- Massive ground all over the Mt Isa area

    9- Multiple new targets and plenty more to come.

    10- This ground is bound to attract more JV's

    11- I cant believe a Major has not come for this but i think as this builds, they will come imo. The land holding is worth the cap alone.

    12- They are looking for elephants and starting to find some

    13- No Sov risk/ Australia's best area to explore for base metals

    14- Ongoing drilling with the majors

    15- Excellent track record with management

    16-  90 years of combined Geo experience

    17 - Several JORC compliant resources

    18- Possible near term production and income  

    19- Tight register

    20- Very cheap long term leverage in the options and stock.

    21- Right metals (copper) moving forward

    22- Majors want copper and they want it bad

    23- HMX is at the exact right address and all the big guys and infrastructure are all around them

    24- Rail and gas lines run beside leases.

    25- These guys could do at least two more JV's on monster targets they have also identified

    26- Ziggy was the geo of the year

    27- We could not hope to buy this value in a normal resource market 

    28- Met results due for 2 projects

    29- Most companies would like to have just one of these projects

    30- A few tasty results from Overlander -75m x 1.33%Cu ., 89m x 1.1%Cu. This is kms long and ripe for drilling



    How many micro caps have lined this much upside into them and be advanced in exploration? 



    Please dyor



 
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Last
4.4¢
Change
-0.002(4.35%)
Mkt cap ! $39.00M
Open High Low Value Volume
4.6¢ 4.6¢ 4.4¢ $30.02K 680.2K

Buyers (Bids)

No. Vol. Price($)
1 415915 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 49631 1
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Last trade - 14.47pm 26/04/2024 (20 minute delay) ?
Last
4.4¢
  Change
-0.002 ( 4.35 %)
Open High Low Volume
4.4¢ 4.5¢ 4.4¢ 179907
Last updated 14.47pm 26/04/2024 ?
HMX (ASX) Chart
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