with Cobalt price strong and on fire, could be the highest...

with Cobalt price strong and on fire, could be the highest Cobalt grades (over 1% will be considered as high grades) with economical Cu/Ni grades( over 2% will be considered as High grade ), HMG MC keep get pushing down....

almost 1/2 of new shares are Excowd for 12/24 months...


so far HGM free Float is only 292m given those Excowd shares(160m) are Excluded and the rest performance share are JORC and scoping study milestone....

40m traded last 5 days with average around 6.5c...

sp holding well so far with a couple of 1m buy orders got filled, such as the one got filled at 6.5c...

could be another week to flush out CR takers and HGM will be a 10c+stock in the near future with explorations/drilling campaign start...



not many cobalt stocks have sound and strong Cobalt historical explorations and high grades and really safe locations with very sound mining friendly environments and laws, in the heart of Central Europe which Many super big global giants ( such as Telsa and LG , SK etc) will build Mega factory to producing EV cars so by building a High grade Cobalt Mine along with High grade Nickel(also required for EV) nearby will be a Top choice for off take and product selling and Mine financing......

please check how Convenient HGM Cobalt mine located and it is really a clever and Strategic move by HGM board with central Europe will be the next EV boom areas:





if you guys leant economy, you will know the transporting cost is a big part for your product selling price and high grade Cobalts and Multi high grades by products mineral (such as Nickel and Copper) means low striping ratio and low Opex and Capex, and it is much safer than DRC so stable supply, and not many QUALITY Cobalt project in EU, so HGM is really a Good and baggers buy if you not aiming for Pips, a good example is EUC, currently $85m MC and used to be $200m MC, so HGM will get market notified and strong interest will be generated in the near future....