mmm, is it just me? Why there seems to be so many undervalued stocks around?
48ml shares on issue, so that's 7ml undiluted MC. 4ml cash. Even after paying for the gold acq of 750k, that's still over 3ml cash left. And that gold acq is a ripper being 1.5km away from ADU's 1.1Moz deposit.
Recently also released some good U results. Good widths at 1000-1200ppm grades. Although the U resource size is essential for a successful mining operation, you have to say those grades are pretty good for a 3ml EV speccie.
Accumulation or the market needs to see whether the gold acq goes ahead?
HDG Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
