Good one, cheers!New at this, so hope it's acceptable, HMC. It broke out on news at about 12:30.
Good one, cheers!Would like to see how it finishes eod, the market's a scaredy cat atm.
Jono, Can you keep this general kind of info in the stock thread thanks. Just cut and paste it in. This thread is more on the lines of why something has just broken out. Also, please don't recommend things as buys, or sells, it's against ASF and ASIC policy. Cheers! kennasHey guys,
I got on this one a couple of weeks ago. I was associated with Hydromet when I worked as an engineer as they have (had?) operations in Tassie and when I saw their update (May 9) I thought they were worth a look.
Their lead recycling operation is definitely going to be in the black with the way lead has gone over the last 6 months! Their current production is around 500 tonnes of Pb a month, which corresponds to $1.5m a month at todays price. They are looking to expand that to around 1200 tonnes a month (don't know timeline?) which would be at least $2.5m a month @ $2000/tonne. That's $30m a year without their other operations.
With 300m shares on issue, forecast profit gives about PE of 10.9. Next years could be around 6, which makes them a pretty good buy IMO
Jono, Can you keep this general kind of info in the stock thread thanks. Just cut and paste it in. This thread is more on the lines of why something has just broken out. Also, please don't recommend things as buys, or sells, it's against ASF and ASIC policy. Cheers! kennas
I was wondering whether any of your chartist would so kind as to post a chart/analysis for EGO please?
Its up 9% today to consistent 20%+ gains over the past few days.
Thanks
My first attempt but I think it's a good'n!!
Inverse head and shoulders followed by a breakout of ressistance at .105
Whadayareckon?
Chart's for CVI
PRR is up 26% on some good news.. Anyone game enough to buy in?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?