The proof (as always) is in the puddingLike other stockholders I was maybe expecting more today; but I'm not surprised either.
Patience is necessary (for stockholders).
Activity, delivery, execution - both operationally and commercially is necessary for an enterprise.
Unproven (operationally) Juniors don't move up 50 or 100% on news flow and forecasts.
They do rip 200-400% on results, and I believe this is comming.
I commend the HBK management team - for identifying the opportunity, raising money, gaining permits, stimulating the customer base, setting up the operation, alligning local stakeholders, and informing a growing stockholder base.
A critical period - 15 months to 18 months is now front and centre - for the management team and enterprise.
Mine, ship, sell 700,000 tons at ~$37/ton ASPs, keep a tight fiscal ship, control costs; keep the house in order - all neat and tidy, and I have no fear this enterprise can be worth $C150M-$C200M - and the stock at $2.35.
Time tells, it always does.
Vic, Gary, Stan et al - need to carry the great work of the last 12 months through into the next 15-18 months and turn their vision into reality.