Sure, HIPO seems good to me because of the lithium. A good comparison is with AVZ minerals - but at a much lower share price and market cap. The Kamola project is close to AVZ's Manono project and AVZ's initial drill program showed 1.48%-1.66% Li2o, Hipo showed 1.43% Li20 from the sample assays which is a bit lower but this is earlier in the development schedule.
When you consider that AVZ is capped at $264 million and Hipo at $8million then upside is fairly obvious.
Prior to drilling (June 2017) the share price of AVZ was $0.03 and 6-7 months later (Jan 2018) it was $0.034 so more than a ten bagger, which is what we all want here. If Hipo do half as well then it is still a five bagger and there are not many shares that you can say that about........
STRONG BUY IMO
Sure, HIPO seems good to me because of the lithium. A good...
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0.6¢ |
Change
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Mkt cap ! $6.660M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.364K | 227.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 256691 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3291545 | 8 |
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| Last trade - 12.34pm 08/10/2024 (20 minute delay) ? |
| QXR (ASX) Chart |