HDG 0.00% 1.0¢ hodges resources limited

1.2 billion tonnes of coal, page-27

  1. 6,294 Posts.
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    Jumped in to this one today as HDG is very much an undervalued stock, or a gift, as Gizard likes to put it. Ash content and calorific value is below par, but if they can beneficate it with some processing, I see no reason for this to be below $50M in market value if the JORC inferred resource is anywhere around the 1Bt figure. For mine, the decision to buy today was as easy as they come. I will honestly be amazed if this is below 90cents in 6 months time. Bookmark this thread.
 
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Currently unlisted public company.

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