Looking strong, as are a couple of other rare earth companies, the sector seems to be on the move.
If the new drilling continues to hit the resource high grade figures, or even exceeds them, then the only impediment to production will be financing, they will need circa $400m, but probably closer to $500 when the build is complete, which seems fairly reasonable for a rare earth mine in a tier one jurisdiction.
They are working hard at it, and Lew has a lot of skin in the game, getting this mine up and running will make him a rich man, and he appears very driven to get it done. He might just pull it off.
Gw
News: HAS Australia's Hastings Technology Metals inks supply deal with Schaeffler; shares surge, page-5
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Last
29.5¢ |
Change
-0.010(3.28%) |
Mkt cap ! $53.34M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 28.5¢ | $57.43K | 195.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 95221 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 1258 | 1 |
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| Last trade - 15.57pm 31/07/2024 (20 minute delay) ? |
| HAS (ASX) Chart |