HLX 11.1% 0.5¢ helix resources limited

most undervalued explorer on the asx...

  1. 13,102 Posts.
    lightbulb Created with Sketch. 1886
    Another day another low SP 8.5c no interest -- the depth bids low to 8c
    Market Cap =13mill just over 200mill shares Cash 5.5mill

    43mill HLXO opts converted out of the 52mill listed--- next opts unlisted 17mill ex. price 53c 31/10/11

    HLX have underway currently

    -Chile RC drilling at Gold project 100%hlx
    -Chile RC drilling/assays at copper project 100%
    -NSW RC drilling regional VMS copper target 100%
    -Canbelego drilling parallel to copper discovery 70%
    -Restdown Gold further work soil samples/mapping to target next round drilling.44 more drill results to be announced-looking good shallow grades/widths 70%
    -Olary- Iron ore 10 hole RC drilling

    what does the market value the above $0

    the 8mill the market values HLX is IMHO for the 30% in the yalleen Iron ore project with a JORC resource of 84.3Mt channel iron ore with exploration upside...
 
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Last
0.5¢
Change
0.001(11.1%)
Mkt cap ! $16.32M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $568 115K

Buyers (Bids)

No. Vol. Price($)
14 42941381 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 28475685 18
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Last trade - 12.49pm 06/09/2024 (20 minute delay) ?
HLX (ASX) Chart
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