HCH 1.85% 79.5¢ hot chili limited

Hannam & Partners Equity Research - Target price 30-Jun-23 $8.00, page-50

  1. 194 Posts.
    lightbulb Created with Sketch. 14
    appreciate your input.lets try a constructive argument format.

    - whats the success rate of mining approvals in chile?
    - what's the sovreign risk of Chilean government siezing assets?
    - Has the political environment in Chile changed from previous moves to increase taxes on mining companies?
    https://www.mining.com/worlds-top-miner-warns-against-chiles-mining-tax/
    https://www.bloombergquint.com/politics/chile-vote-marks-first-step-in-long-path-to-nationalizing-mines


    - is there an explanation for HCH previous spike and long term loss of investors capital? what went wrong? Has the board changed tactics sufficiently to prevent a repeat?

    bigger companies have discovered and proven large resources in Chile, still walked away.

    pros
    https://tradingeconomics.com/chile/gdp-from-mining
    https://en.wikipedia.org/wiki/Economy_of_Chile#Mining
    https://brandongaille.com/22-chilean-mining-industry-statistics-trends-analysis/

    Rick Rule mentioned being invested in HCH back in 2013.
    https://www.mining.com/web/finding-bargains-down-under-with-rick-rule/
    2013 had a brief period of gains for HCH, then a loong period of investors losing capital.
    https://www.tradingview.com/chart/HCH/Hu3CgNd3-Hot-Chili-long-term-view-of-stock-price/
 
watchlist Created with Sketch. Add HCH (ASX) to my watchlist
(20min delay)
Last
79.5¢
Change
-0.015(1.85%)
Mkt cap ! $120.3M
Open High Low Value Volume
84.5¢ 84.5¢ 79.0¢ $53.81K 66.65K

Buyers (Bids)

No. Vol. Price($)
1 2999 79.5¢
 

Sellers (Offers)

Price($) Vol. No.
80.0¢ 22 1
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
HCH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.