HCH 0.63% 78.5¢ hot chili limited

Ann: Cortadera Acquisition Nears Completion, page-130

  1. B85
    470 Posts.
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    I wouldn't say soon to be honest, but within 6 months its realistic to think any of the following could push price to around 10c:
    - Drill results, as long they are reasonably consistent to what has been acheived to date, I think high copper prices are here to stay and going forward I don't think we need ground breaking results for Cortadera North to be economically viable. Instos no doubt aware and waiting in the wings
    - Scope study for Costa Fuega for mining development, a few pretty pictures of conveyor belts and ore processing can go a long way. More importantly it means we are in the infancy stages of being 'shovel ready'(realisitcially within 2-3years).
    - ENAMI deal materialising into cash in the bank, once people see HCH collect a pay check its a whole new story
    - 2nd RE
    - I also think the Carola family would be mad not to be take up some shares in leiu of cash but if they want cash good luck to them
 
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