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Any idea why we didn't get an update on the HAS announcement in May?
ASX Announcement
05 May 2021
Yangibana Project updated Measured
and Indicated Mineral Resource tonnes up
by 54%, TREO oxides up 32%
looking back I did post this:
jimb2
Posts: 4,224
Price: 25.50
No Opinion
RE: HAS Yangibana news 5 May '21
“Today’s significant Mineral Resource increase is a major milestone in Hastings’ journey to complete the
debt financing for Yangibana ahead of a start of construction by the middle of this year. We continue to
build on our fundamentals so as to achieve long term value for shareholders”
!
#####
I thought they were obliged by AIM rules to do so, just I was hopeful on the back of today's HAS news a RNS would be issued.
Indeed @Bannor. Very happy to have the opportunity to continue to add around the BoD's recent issue of options at 29p, worth around £1m at time of issue by my estimates. Very happy given all that is unfolding. :-)))) Of course it's a gamble. But oh, what potential eye-watering returns! ;-)
Ob.
Not complaints - facts .... Potential no doubt ... which is why I hold so many & have been adding again since we hit 3p.
Not complaints - facts .... Potential no doubt ... which is why I hold so many & have been adding again since we hit 3p.
All of your complaints are the very opportunity that seem unable to grasp.
If KDNC owned AMAPA then the share price would be higher, if all the other things were certain the share price would be higher, that is the opportunity, that is investing.
Besides you were quoting BCN's SP which means zip to us as we don't hold any & you stated we have Amapa, which we don't, putting values on it which are irrelevant & non representative of the value it will be as/when/if we do have any of it in due course - which of course could be imminent - the reason to the BoD haven't said it is because most is incorrect & the rest evident .... Naughty old YAP YAP LoL
Can't argue with facts YAP YAP .... that's all I've they are .... admittedly there are those who don't like facts aired or referenced but hey ho there you go .... as if that's ever made a jot of difference to me :-)
l was not asking questions l was doing what the bods should be doing" nothing more or nothing less , yap yap ,
Bannor you were deramping there that wont go down well with some Filters out lads.
"In 2012 the operation produced 6.1 Mt of iron ore concentrate and reported operating profits from their 70% ownership in the Amapá Project of US$120 million (100% - US$171 million)"
At that rate with 27% based on our current valuation we would have a forward P/E of 1.3. (I know for several reasons this is not a perfect comparison, but just an indication).
LoL ... I also recall you jumping up & down overworking your calculator of many characters previously on occasion regarding now failed projects & potential OBS .... hopefully & 'Imminently' about to change eh ....maybe you'll even need to add a few additional character positions to your megacalculator... ;-)
Indeed, @Bannor, pretty sure it's bad history that's holding us back now. Which means.... ;-)
C'mon YAP YAP.... You know the answers to this you know you do .... :-))
Notwithstanding much else...,
BCN we had a direct interest in 20% @ a significant cost sold at a significant loss overall .... now there is no direct interest in the company - hopeful about the sale/exploitation of the JV's but nothing concrete yet either way - do you trust our BoD to get a good deal?
EMH we had nearly 20% interest in we now have less than 10%.
Amapa we currently have no formalised recognised interest in other than a loan to dev but hopefully just a matter of time.
Oz assets no wholly owned assets but hopefully a sale or exploitation at some point - possibly sooner now rather than later - but do you trust our BoD to get a good deal?
Don't forget Kiran said $200m for each of the Oz & MX JV's ..... but then he's also said a lot of things about projects past & present which have yet to or will now never be delivered on.
Lot of hope regarding potential but nothing guaranteed or certain regardless of how likely. . .... when likely changes to fact hopefully we'll see your 40p & beyond.
Wouldn't have thought you'd be the one asking rhetorical questions LoL :-))
Waiting for KDNC, EUA, COPL and ARCM, just waiting, waiting, waiting.
Yep, they will all be kicking themselves when we have our 20% maddog, hopefully all done an dusted in a matter of a few weeks.
we should be close to 40p today l just cannot understand the market with this share ,
o.k the past is the past " but we now have the paper work to prove this share is now not just hype we have facts " we have large rises on our investments " bcn was down to 22p now 60p" we have emh 9p now 78p" we have Amapa 3p now 30p" we have growing options in Australia witch are worth a good few bob " on paper we are worth more than our mcap"
any other share would have sailed way past 40p bye now,