HDG 0.00% 1.0¢ hodges resources limited

I agree. I've been saying for a while now, HDG should have sold...

  1. 1,523 Posts.
    I agree. I've been saying for a while now, HDG should have sold all their mining assets and become a shell with some cash. They were in a prime position compared to all these other mining companies that are now just starting to acquire tech projects. They seem determined to stick with the mining sector, but who knows how long we will have to wait before things recover. The iron sands will go down the same path as the Botswana projects. It will be too costly and take years before they can even start mining.

    It's not too late. They need to ditch the iron sands. Do a fire sale on all their mining assets and work on a new acquisition that will allow the company to attract funding. The iron sands are a dead end IMO.
 
watchlist Created with Sketch. Add HDG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.