Very pleased to see the current rise in SP. Seems to have been steady buying, and no large volumes of stock being sold into the rally. A nice tight register.
The results looked good to me, and I am pleased to see the dividend.
The only black mark is the uncertainty over the funding of the smelter. They seem to have a plan, just won't announce what it is.
I am wondering whether we could see a takeover or privatisation of this one come December?
They should be making plenty of cash at the moment, which can only be a good thing.
HMC Price at posting:
4.0¢ Sentiment: None Disclosure: Held
