HMX 2.63% 3.9¢ hammer metals limited

Only $5 Billion of Cu ?

  1. 2,764 Posts.
    lightbulb Created with Sketch. 618
    Well
    Sometime ago I had calculated something similar $$ wise for Kalman so notwithstanding our other projects value (anyones guess) the Kalman asset of $5 billion divided by the 850m shares on issue is about $8.00 plus, so if very conservatively we worked on $1-$2 a share in due course..we’ll all be super delighted even shareholders with less than 100,000 in their vault!

    It’s difficult not to get excited with Isa potential and as Dan said Sumitomo is a great corporate to help us with off-take arrangements, support in general with opportunities to get bulk Cu Moly etc to the market…

    Whilst I’m usually a long holder I feel the presentation has given me far greater confidence and reason to sit on our hands, and not press the sell button, for quite a while…very happy days ahead indeed for a patient participant.

    Sarg
    Last edited by Sarg: 24/03/22
 
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