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
- Forums
- ASX - By Stock
- HMX
- Most leveraged upside stock ive seen in years.
Most leveraged upside stock ive seen in years.
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HMX (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.57M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 743200 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 175000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 743200 | 0.039 |
3 | 57000 | 0.038 |
5 | 375135 | 0.037 |
3 | 164000 | 0.036 |
3 | 399717 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 125000 | 1 |
0.045 | 20001 | 1 |
0.046 | 250000 | 2 |
0.047 | 200000 | 1 |
0.049 | 100000 | 1 |
Last trade - 16.12pm 10/05/2024 (20 minute delay) ? |
Featured News
HMX (ASX) Chart |
Day chart unavailable