I made a serious omission here, and that is the fact that this company is at only $200M market cap and Glencore (a mining heavy weight) has bought a 10% stake in the company, that is a $20M equity position. This is significant. That is serious backing by a major player and this will mean a lot when we go to market in Canada. You can be sure that Glencore will be doing everything it can to raise sufficient capital to develop this asset.
Why i bought $HCH this week, page-3
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Last
93.0¢ |
Change
-0.005(0.53%) |
Mkt cap ! $140.7M | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 95.0¢ | 93.0¢ | $245.6K | 262.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1071 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 2001 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| HCH (ASX) Chart |