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HNR - Hannans Ltd

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Re: HNR - Hannans Reward

Nickel Drilling – Lake Johnston:

http://www.asx.com.au/asxpdf/20150120/pdf/42w2hnvxhtkgdc.pdf



hnr.chart.gif


Disc. Holding as we speak.
 
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Re: HNR - Hannans Reward

Awaiting momentum ...

Bought in at $0.004 with my target at $0.005
Late in the day transactions,
have taken out nearly all at $0.005

What will today's trading bring?

Will I hold back my greed and sell?



hnr.chart.gif

Disc: I hold
 

System

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On May 24th, 2016, Hannans Reward Limited changed its name to Hannans Ltd.
 

greggles

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Hannans Ltd has recommenced exploration within its 100% owned Mt Holland Lithium Project in WA.

The RC drill program will be starting this week and is to be the first of many RC drill programs to take place at Mt Holland during the next six months. The initial program will comprise approximately 15 reverse circulation (RC) drill holes to depths in the range of 100–200 metres at Mt Holland West. The RC holes will be located approximate to the edge of the western granite dome and will be focused on testing the lithium anomalies generated in Hannans’ first two rounds of drilling.

The market liked the announcement and HNR is up 0.08c (47.06%) to 2.5c so far today.
 

greggles

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HNR going for a run in the last week following the release of their most recent Quarterly Report, up from 1.1c on 30 April to 2c today with a substantial increase in volume.

They had $2.864 million in the bank at the end of the last quarter, after burning through $282,000.

I'm not sure what's making HNR move this month but suspect it could have something to do with their plans to execute a binding joint venture agreement with a high quality partner in respect of the Forrestania Nickel Project. (see excerpt from announcement below)

On 20 February the company announced that independent consulting firm Newexco Exploration Pty Ltd recently completed its detailed review of the Forrestania Nickel Project and concluded that there were:
  • untested coincident geophysical/geochemical anomalies (i.e. high priority targets);
  • geophysical anomalies (short strike-length EM anomalies i.e. nickel sulphide targets) occurring adjacent to large formational conductors (i.e. conductive sediments and or BIF);
  • geochemical anomalism (Ni, Cu, PGE);
  • significant anomalism in belts other than the Western and Eastern ultramafic belts; and
  • geological areas of interest that lack historic exploration coverage.
So it would appear that Hannans are now ready to progress the Forrestania Nickel Project.

screenshot-stocknessmonster.com-2019.05.07-11-57-27.png


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Hi everyone pretty new here.
Been floating on and off stocks for a while now so finally decided to make an account on here.

A friend has recently mentioned to me a stock called HNR / HANNANS LTD who are currently mining for nickel/gold/copper. Now the reason I am posting this is because he told me they are possibly on to a big finding in WA. I’m just wondering if now is a good time to invest or wait until the stock price goes up a little to see if that is true. Also for a stock this low (Is about $0.007 Atm) would $45,000-$50,000 be a good amount to invest to make some decent profit? Or should it be more to the 100k mark.
Thanks guys appreciate all responses
 

greggles

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Hi everyone pretty new here.
Been floating on and off stocks for a while now so finally decided to make an account on here.

A friend has recently mentioned to me a stock called HNR / HANNANS LTD who are currently mining for nickel/gold/copper. Now the reason I am posting this is because he told me they are possibly on to a big finding in WA. I’m just wondering if now is a good time to invest or wait until the stock price goes up a little to see if that is true. Also for a stock this low (Is about $0.007 Atm) would $45,000-$50,000 be a good amount to invest to make some decent profit? Or should it be more to the 100k mark.
Thanks guys appreciate all responses

Hi Wiseman, you are talking about throwing a lot of money at a stock on the basis of what a friend has told you. Just wondering how much research you have personally done into this company, including research into the area they are drilling? If you put $50,000 into Hannans and they don't come up with a lot of nickel, gold or copper, that $50,000 could easily become $10,000, or even less depending on the circumstances.

Mineral exploration companies are very risky and invested capital can be destroyed very easily. Just make sure you have done your due diligence before investing your hard earned.
 

Sean K

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Hi everyone pretty new here.
Been floating on and off stocks for a while now so finally decided to make an account on here.

A friend has recently mentioned to me a stock called HNR / HANNANS LTD who are currently mining for nickel/gold/copper. Now the reason I am posting this is because he told me they are possibly on to a big finding in WA. I’m just wondering if now is a good time to invest or wait until the stock price goes up a little to see if that is true. Also for a stock this low (Is about $0.007 Atm) would $45,000-$50,000 be a good amount to invest to make some decent profit? Or should it be more to the 100k mark.
Thanks guys appreciate all responses

From their quarterly, they were to drill some targets at Forrestania (maybe that's in WA), so that may be what your friend is talking about. Perhaps. You should ask him and ask how he knows the drilling results before the market does.

I wouldn't put $100 on this long-term flea bag. I'd rather go to the casino and put it on red.

Looks like they're about to run out of money too.

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I
Hi Wiseman, you are talking about throwing a lot of money at a stock on the basis of what a friend has told you. Just wondering how much research you have personally done into this company, including research into the area they are drilling? If you put $50,000 into Hannans and they don't come up with a lot of nickel, gold or copper, that $50,000 could easily become $10,000, or even less depending on the circumstances.

Mineral exploration companies are very risky and invested capital can be destroyed very easily. Just make sure you have done your due diligence before investing your hard earned
I have done a fair bit of research but I am mainly going off what he said as he is pretty confident (has an uncle in the industry who knows he’s stuff) and has also invested over 100k in HNR. I’ll most likely just do 35k and then increase to 70 if the stock grows over the next few days. Thanks for tips guys
 

Sean K

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I

I have done a fair bit of research but I am mainly going off what he said as he is pretty confident (has an uncle in the industry who knows he’s stuff) and has also invested over 100k in HNR. I’ll most likely just do 35k and then increase to 70 if the stock grows over the next few days. Thanks for tips guys

Wiseman, no one can give you financial advice here but I am aghast that you're contemplating committing that must cash into a hot tip from a friend who has an uncle. As I said above, the only thing they seem to be doing is drilling a few holes in Forrestania. It's more than highly speculative. DYOR and good luck.
 
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Word they are on to some very very good nickel down at Forrestania. It’s going to move to 0.010-15 in the next week or so. Already started moving today but I think by next week it will be 0.010-0.015 for sure. I’m mad at myself for only buying 30k worth. Buying at least $80,000 more on Friday once I get all my money out from other stocks. Goodluck guys 👍🏽
 

Sean K

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Word they are on to some very very good nickel down at Forrestania. It’s going to move to 0.010-15 in the next week or so. Already started moving today but I think by next week it will be 0.010-0.015 for sure. I’m mad at myself for only buying 30k worth. Buying at least $80,000 more on Friday once I get all my money out from other stocks. Goodluck guys 👍🏽

Well, I expect you'll get a knock on the door from ASIC for insider trading if there is an announcement out shortly about some very very good nickel. :oops:

It's up 14% at the moment, but that's what it's been doing for the past year, up and down.

No volume to speak of so perhaps it's just nieces and nephews buying. ;)

Good luck wiseman! :xyxthumbs

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Sean K

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Word they are on to some very very good nickel down at Forrestania. It’s going to move to 0.010-15 in the next week or so. Already started moving today but I think by next week it will be 0.010-0.015 for sure. I’m mad at myself for only buying 30k worth. Buying at least $80,000 more on Friday once I get all my money out from other stocks. Goodluck guys 👍🏽

How's your hot tip going wiseman? Must be up to a dollar by now.
 

Sean K

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Word they are on to some very very good nickel down at Forrestania. It’s going to move to 0.010-15 in the next week or so. Already started moving today but I think by next week it will be 0.010-0.015 for sure. I’m mad at myself for only buying 30k worth. Buying at least $80,000 more on Friday once I get all my money out from other stocks. Goodluck guys 👍🏽

How's this hot tip going wiseman? ☠️

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wiseman
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Wiseman said:

I’m mad at myself for only buying 30k worth. Buying at least $80,000 more on Friday once I get all my money out from other stocks

Just looking at the course of sales and cant see any evidence of $30k worth being traded and definitely cant see any evidence of the extra $80k being traded.

Probably found another site more suitable for his style of ramp... err posting.
.
 

Sean K

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Word they are on to some very very good nickel down at Forrestania. It’s going to move to 0.010-15 in the next week or so. Already started moving today but I think by next week it will be 0.010-0.015 for sure. I’m mad at myself for only buying 30k worth. Buying at least $80,000 more on Friday once I get all my money out from other stocks. Goodluck guys 👍🏽

Sorry wiseman, I missed the excellent nickel down at Forrestania announced on 13 Jul you put $30K into.

I think you should have a word to your mate's uncle for this hot tip.


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Now in TH as they're about to sell something to pay the wages, I think. They only have $1m in the bank so they can't be buying anything.
 

Sean K

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Now in TH as they're about to sell something to pay the wages, I think. They only have $1m in the bank so they can't be buying anything.

This seems to be one of those companies that doesn't have a clue what they are and will jump into the next fad at any opportunity. I'm sure they'll buy a uranium project soon too. Not sure how they are going to do this one with less than $1m in the kitty.


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Dona Ferentes

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the action has been elsewhere

This humble nickel explorer has enjoyed a sizable rerate after moving into the lithium ion battery recycling game earlier this month. Hannans wants to recover high purity metals from scrap and spent batteries in Norway, Sweden, Denmark and Finland - the region with the highest electric vehicle (EV) penetration rates in the world.
Subject to securing a feedstock source, Hannans decision on Stage 1 plant locations are expected 1st Quarter next year. A decision on a Stage 2 plant - which would refine mineral rich black mass into high purity nickel, cobalt, lithium and manganese chemicals - is expected in the 2nd half of 2022.

The stock is up 220% over the past month ... to 3.7c

@kenny ... Yep, spot on.
 
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