What does MM think of A4N & Alumina?

Hi Reeta,

Two different stocks/areas here hence I will look at separately:

Alpha HPA Limited (A4N) 72c – A4N is a specialty metals and technology company which is focused on commercializing its licensed solvent extraction (SX) and refining technology to produce High Purity Alumina (HPA) and related products for use in the burgeoning lithium-ion battery and light emitting diode (LED) lighting markets. The $625mn company has seen its shares surged 80% over the last 2-months as the markets come to grips with the prospect that the demand for its products may have been underestimated – the stories good but its value is hard to determine.

Alumina (AWC) $1.64 – has been the ugly duckling of the miners through 2022 but the optimism towards Chinas reopening has seen the stock bounce ~30% since late October. The stock looks cheap at current levels and any fresh weakness below $1.50 will be tempting.

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Alumina (AWC)

LAST UPDATED 08/12/2022 16:37

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Alumina (AWC)

LAST UPDATED 08/12/2022 16:37