Are you serious about the project being robust??
Are you aware they touted an IRR of 15% with a base case copper price of 3$/LB?
Are you also aware the chances of a 28m market cap company with 8m$ debt securing 975m AUD to build this mine when quality copper companies are trading at a discount and high cost miners shutting down?
I agree with a rebound in copper prices but can HCH actually last that long? when the loan facility is fully drawn and there is no cash in sight, guess who ends up with the company?
Are you serious about the project being robust?? Are you aware...
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Last
$1.04 |
Change
-0.215(17.2%) |
Mkt cap ! $123.6M | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.08 | $1.02 | $911.9K | 871.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13555 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.05 |
Change
-0.215 ( 15.7 %) |
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| Open | High | Low | Volume | ||
| $1.03 | $1.08 | $1.03 | 234446 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| HCH (ASX) Chart |