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ASX:HVY

Heavy Minerals Ltd

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ASX:HVY
- Heavy Minerals Ltd
Company Tooltip

$0.099

Last Price

Investment Memo:

Heavy Minerals Ltd (ASX:HVY)

- LIVE

Opened: 14-Jul-2023

Shares Held at Open: 3,750,000


What does HVY do?

Heavy Minerals (ASX:HVY) is a “mineral sands” developer with three projects. The most advanced project is a garnet-rich deposit located in WA, very close proximity to two other garnet producers.

What is the macro theme?

Coming Soon

Why did we invest in HVY?

None

Coming Soon

What do we expect HVY to deliver?

Objective #1: None

Coming Soon

What could go wrong?

None

Coming Soon

What is our investment plan?

Coming Soon


Disclosure: Disclosure: S3 Consortium Pty Ltd (the Company) and Associated Entities own 3,750,000 HVY shares at the time of publishing this article. The Company has been engaged by HVY to share our commentary on the progress of our Investment in HVY over time.

Our Investment Summary

Date of Initial Coverage

10-Jul-23

Inital Entry Price

$0.113

Returns from Initial Entry

-13%

High Point

244%