HLX - the next 5 bagger cobalt/nickel play?, page-360

When everyone gets a little annoyed looking at the Share Price but forget why they bought and what they figured was the right price and the right Market Cap.  If it was correct then, isn't it an easier decision to buy now?  


It has been four short (or long for some) weeks since we were provided the following from the quarterly;

Collerina Copper Project:
Strong off-hole EM conductors have been identified and modelled nearby. Planned follow-up RC and DDH drilling to test these targets in the next phase of drilling

Plans to estimate a maiden resource in 2H18 post further drilling.

Collerina Regional:
RC drilling to initially test Yathella is planned in the next phase of Collerina drilling.

Collerina Regional Cobalt:
[Still think we are awaiting CLL confirmation of JV]

Mundarlo JV:
Down Hole EM has highlighted a well-defined and large EM conductor (up to 1km by 600m)

Geological and structural studies of VMS target model are ongoing with plans to drill test the centre and strongest EM response in 2H18.

Joshua Project, Chile:  (from JV ann)
To exercise its initial option, Manhattan must spend A$1.0 million on 3,000m of diamond drilling over nine months.

Now if they were planning to do all that (above) wouldn't you want to know exactly where you were going to stick a drill rig?  To go faster, spend shareholder cash and risk a near miss would be a bit of a muckup.
The quarterly has given us time frames and targets and soon the news will flow.

Lets see,

Banker

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