HHM hampton hill mining nl
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Came across this article in the AFR this morning. Stunning...

  1. Nijiman
    5,337 Posts.
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    30/11/20
    08:09
    Post #: 49226120
    Came across this article in the AFR this morning. Stunning profit levels from a small operation.

    Before anyone gets too excited about Hampton's interests in the Weld Range, the grade of the iron ore being mined by Fenix Resources has typically over 65% Fe content.

    Secondly given where relations are now between Australia & China i think there is a snow flakes chance in hell of Sino ever being allowed ( by either the Chinese or Australian govt's ) to install the necessary infrastructure in Mid West to unlock all these iron ore deposits.

    https://hotcopper.com.au/data/attachments/2693/2693314-35545846fcdc84d11982648e3e804cb1.jpg
    https://hotcopper.com.au/data/attachments/2693/2693316-e5611eb7cdd38e3d998d37bec1dc6816.jpg
    https://hotcopper.com.au/data/attachments/2693/2693317-f590132ca33984cf4947202a1bd3601b.jpg
    https://hotcopper.com.au/data/attachments/2693/2693318-9b853fba6237f0e04a9932a56b40d173.jpg

    HHM Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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