Get real guys. Compared to the CMR JV which will probably be a billion dollar capex - 30+ year whale at the sulphides stage, 4+ years of Molyhill is just too small for HNC. BUT IT AINT TOO SMALL FOR A SMALLER CO AND US. Thats the expectation of serious THR players in here.
And HNC aint into U-specs either it seems or maybe they would have taken the JV even if too small just for the free call option on what I agree, must be some of the best untouched but about to be U-ground in Oz. The U is what Im in it for with Molyhill providing the buffer to downside.
Mine is all core investment holding and if I was in Oz trading as well instead of on hols, I would have been wreaking havoc with the techno-wavelet trades. Core + trading stock is the way to play these mid term developments for best of both worlds.
IMBOOC
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Open | High | Low | Value | Volume |
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5 | 861012 | 0.014 |
2 | 520000 | 0.013 |
1 | 20000 | 0.012 |
Price($) | Vol. | No. |
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0.017 | 495204 | 2 |
0.018 | 692500 | 3 |
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