HVY heavy minerals limited

@kervio its called volatility. Unfortunately, one has to endure...

  1. 64 Posts.
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    @kervio its called volatility. Unfortunately, one has to endure that on the way up in these junior stocks. (rather like bitcoin and the cryptos too)

    But as long as it's more volatile to the upside than the downside -as it has been recently its all good. I started collecting at 5 cents and was buying much oif last year up till 12 cents so its still got quite a ways to fall before in the red again.

    as I hold some for trading and my core position -when its feeling bullish i put a few out- when its feeling unloved I come a grab a few back (but unfortunately not always cheaper- but usualy).

    As you know I do believe this company will get into production and if so i also belive it should make around 40-50 mill a year from just the POrt Gregory mine>

    thats around 60 cents a share - and maybe it could then pay dividends of around 20-30 cents a share - so IMO buying here or lower now is like buying a future annual dividend yield of 100%++ for the next 20 years or so.

    I just wish there was more volume so I could trade it a biot more..

    But i think/hope volume will grow as the price rises, that should happen after the PFS is out and also from their last announcements, it sounds like a new deal could be being arranged and may be announced soon too, so looking forward to seeing what that is.

    yes @kervio, i know the PFS could be a sell-the-news event early on, .....but its all part of the process of development and over time it should mean more real buying, or insto money cominhg... into the market.





 
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(20min delay)
Last
30.0¢
Change
0.025(9.09%)
Mkt cap ! $20.27M
Open High Low Value Volume
28.0¢ 31.0¢ 28.0¢ $47.68K 163.0K

Buyers (Bids)

No. Vol. Price($)
3 15654 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.0¢ 2343 1
View Market Depth
Last trade - 15.59pm 16/06/2025 (20 minute delay) ?
HVY (ASX) Chart
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