Lots of small trades price still being manipulated...
Additionally HAS seems to be short of around $380 mil to get project of the ground, where will this money come from Capital Raise...??
The final processing of product for market also seems an issue for me. They have a stake in NEO and are suggesting processing will be done in Estonia....
IMO that is not a satisfactory plan given that Australia is forecasting itself as a REE supplier and Hastings are promoting the next Producer after LYNAS...
One good point they do have a new board person that has LYNAS History. and experience ...
DRE look like it could be a bigger resource than HAS, there are many projects in Australia not all of them will get off the ground....
Maybe joint ventures on Processing could be a way forward particularly if projects are close together such as HAS/DRE could make a lot of sense when you look at the amount of money HAS still need to raise..
At present I am unsure where HAS are heading given the past history SP price Share Consolidation. 20-1 followed by a drop from $4-00 down to $1-50..........
The Government is all over the place and planning projects that are now all going seriously well over forecast yet still simply say Nuclear to expensive.....
HAS Price at posting:
$1.55 Sentiment: None Disclosure: Held
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