re: Ann: Hodges Elects to Earn into Morupule ...
Hi Shane,
This is great news!
I know HDG will still have to purchase the project, but with a JORC now confirmed to be in the hands of HDG of in excess of 400MT insitu with major upside exploration, the current MCap is quite comical.
They have heaps of cash to explore too.
HDG is now sitting at prospective explorer prices with a JORC resource so won't be sitting at these prices forever.
With these darn markets you never know how long it is going to take to get a move on as there is so much sentiment driving this end of the market and it can take time for enough people to realize the value.
At lest the instos like Pinetree and all of the directors have seen it and put the cash up and that is the most important thing.
Price will follow in due course...
HDG Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
