Ann: Response to ASX Query Letter, page-81

Hey Kiwi, if only I had a crystal ball lol...it depends on what outcome and when announcements are made after this trading halt but I feel the SP will move closer towards 0.01c near within a few months. HDY have definitely good projects, I say good projects because the sites / projects have different minerals to mine, gold, vanadium (this is huge ) copper, zinc etc...
if I owned all these sites,
1. I’d either secure buyers for vanadium as a priority and generate income while they can secure top $ for vanadium or
2. Use the make up & lipstick trick, secure all the mining licences required, package all the sites all together and look for a buyer to takeover.
Why I say point 2... cause current management don’t have industry experience & usually when accountants & solicitors are on the board, it’s all about numbers/ $, tick & flick.
Both point 1 & 2 usually take about 18 months to come to fruition.
Au $ is sliding towards 0.66-68 cents in about 18mths allowing good exchange rate for overseas buyer.
It’s then I expect the SP to be between 0.5 - 0.10 cents.
Please note, these are thoughts & my opinion only...