HLX - the next 5 bagger cobalt/nickel play?, page-400

First 400 Last

Share
Profile

Follow
crackpot

4,975 Posts.

55

21/09/18

09:40

Post #: 35745080
Share

Originally posted by Banker ↑

Good acknowledgment to capital management. Others have highlighted that HLX have never consolidated their capital and have remained focused for a long time. Picking up all of their assets on the cheap when no one else was interested. Mick deserves a pat on the back and a beer

Recent frustrations around lack of movement and then Share Price action caused angst with many.

They spend cash cautiously and wisely. They came out the other side of their quarterly with more than $1m and lower cash burn forecasted than the prior quarter.

During this time they formed up where to place their drill at Yathella, have a much better understanding of Collerina, signed up two JV's with their assets in Chile and have multiple new studies on Mundarlo. Hell, even the NSW government has helped out. All of which is going to be carried out with their current cash.

This company is a little different to many listed on the ASX. It has multiple company making targets and actually doesn't spend shareholders funds on crappy targets and director salaries. Oh yeah, I wonder why the new directors joined this year.......

Just my thoughts with my morning coffee.

.

Expand

A big weekend this one Banker. Could be multi-million dollar positions for some on the back of Mundarlo. Here's hoping.

There's still time Gizard.

Nice to see you Saggy. Buy some more.

Last edited by crackpot: 21/09/18

HLX Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

ASR

Olympio picks up Canadian Cu-Au play along prospective Cadillac Break

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ASX Market Open: Winning Wall Street, RBA minutes to keep local bourse flat | November 19, 2024

There are more pages in this discussion • 90 more messages in this thread...

First 400 Last

Add HLX (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $14.68M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$8	2K

Buyers (Bids)

No.	Vol.	Price($)
18	30089126	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	36223067	31

View Market Depth

No.	Vol.	Price($)
1	89065	0.022
1	200000	0.021
2	630476	0.019
2	776576	0.017
1	259000	0.014

Price($)	Vol.	No.
0.023	30888	1
0.024	44000	1
0.025	148129	1
0.027	66348	2
0.028	250000	1

Last trade - 15.17pm 18/11/2024 (20 minute delay)

HLX (ASX) Chart

HLX - the next 5 bagger cobalt/nickel play?, page-400

Top Stories

US election outcomes: Key economic and market takeaways

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Olympio picks up Canadian Cu-Au play along prospective Cadillac Break

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ASX Market Open: Winning Wall Street, RBA minutes to keep local bourse flat | November 19, 2024

Buyers (Bids)

Sellers (Offers)