Sure.
@Hoogenban - if you do your research -you would see that after the scoping study was published in 2022- HVY announced a 23% increase to their jorced Port gregory resource on 10/07/23 (now 5.9 million tons) - this leads to a longer mine life which the company has now estimated to be 21 years.(about 23% more)- and this will no doubt be reflected in the upcoming PFS. - its will of course increase their stated NOV in the SS by around 20-25% also from USD 253 million to around (2p ) estimate A$310 million.
what these figure completely discounts is the advances being made at their Red Hill project not far to the south where their new resources is around 3.8 million more tons already of more concentrated garnet and continues open on all sides - IMO Red Hill has the possibility to become a bigger resource than their PG resource. This is all totally discounted in the ss the PFS and also in 2p's research.- but it was included the mine life and NPV would both grow considerably again..
So 2portfolio guys are doing their research and making correct statements.
also
@justified duck not to blow a hole in your conspiracy theories but its public knowledge
that the old **promotion blocked** club was bought out over 2 years ago by 2portfolios. they are an American based group who have their US investment licences and concentrate mainly on researching high yield US portfolios and funds - but recently they started covering smaller US Canadian and Australian stocks plus some crypto - hence buying over 10bg club - so far they have been doing well highlighting opportunities such as HVY and doing good solid research.
The club doesn't actually do any financial business or give any financial advice - it's simply a members information sharing club and chat forum with shared research etc.- kind of like hot copper - and frankly i don't mind the 100$ membership fee because it attracts a more serious membership and the chat line there dont clogged up with rocket imojis rude comments and know-little clowns who feel they can just throw out abuse, disinformation and conspiracy theories -rather like you do here sir - I find it a more pleasant place for serious people to get better real research and information.
I think the 2p founders also run some funds - so maybe the club serves also as a way for them to catch potential new clients?
so Mate you can either join them - or not - but IMO no need to automatically negatively diss everything you don't know or don't understand- that's not a recipe for success in life or the markets my friend
(20min delay)