Yeah ok, consider me somewhat disappointed then. After the initial MRE, was expecting a scoping study to be on the cards to demonstrate the project economics to the market. If it's going to be another 12 months just to increase the JORC classification to a level to kick that off, then I don't see a huge catalyst to drive the price materially higher in the near term, hope I'm wrong. Maybe the expansion drilling will uncover something promising, but even then, if production is 5 years off, that may have limited SP impact.
Hopefully the CR stock will be washed through soon in the next few weeks and the SP will get a lift from that supply drying up, sell side seems to be thinning a bit already today. But I'll likely use that or the next announcement as opportunity to reduce my holdings here.
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Last
94.5¢ |
Change
-0.025(2.58%) |
Mkt cap ! $143.0M |
Open | High | Low | Value | Volume |
97.5¢ | 97.5¢ | 93.5¢ | $119.9K | 125.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3042 | 93.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
96.0¢ | 6531 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3042 | 0.935 |
6 | 17765 | 0.930 |
4 | 16731 | 0.925 |
1 | 5500 | 0.920 |
1 | 3000 | 0.915 |
Price($) | Vol. | No. |
---|---|---|
0.960 | 6531 | 2 |
0.970 | 9939 | 1 |
0.975 | 628 | 1 |
0.980 | 830 | 1 |
0.990 | 10000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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HCH (ASX) Chart |