HMC 0.47% $8.60 hmc capital limited

starting to stir, page-6

  1. 154 Posts.
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    Thanks for your informative quote. I would have responded sooner...but don't look at the thread that much (along with most people).
    Regards the finance I have copied an extract from the December Half Year report:

    Secondary lead smelter progress
    Equipment selection completed and quotations accepted.
    Building design and associated works underway.
    Share Purchase Plan completed in December raising $2.150 million.
    Other private placements proceeding.
    Institutional finance to be completed February 2010.
    Final funding will comprise :
    o SPP funds.
    o Private placement funds.
    o Institutional finance.
    o Funds from operations.
    Commissioning by December quarter 2010.

    Finance to be completed by Fenruary. We've heard nothing different so assume it's in place. Lets hope so.

    I agree 100% with you. We need solid, consistent earnings over a few years, with dividends for this company's share price to fire. If it can do that we should at least back around 10 cents.
 
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