HDG 0.00% 1.0¢ hodges resources limited

lol, I think most of us posting on HDG topped up on friday...

  1. 3,236 Posts.
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    lol, I think most of us posting on HDG topped up on friday lol!

    Its not hard to realise the stock is undervalued.

    Anyone who has read anything about Botswana (have to thank Mihal for providing such a wide ranging list of articles on the CCC forum <3) can understand how good a bargain this is.

    I believe its a great bargain all the way until 30mill market cap (approx 70cps), after which we would be needing good drill results to continue to value add. Considering the area and the historical results, there is a high likelihood that the drill results will live up to the estimations.

    If this gets a 1Billion tonne JORC with some coal that appears to be of export quality, this is a 150/200mill dollar company at least (even including the money required to give us ownership of the 2nd tenement)
 
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Currently unlisted public company.

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