HCH 2.47% 83.0¢ hot chili limited

HCH Valuation Revisions/Updates & Copper Peer Analysis, page-36

  1. 396 Posts.
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    HCH doesn't have a "proven resource", there is no such classification. HCH have Indicated and (largely) Inferred Resources and Exploration Results. They need to drill the orebodies at 40x40 m spacings (currently at best 80x80 m from memory) to get a Measured Resource which can be converted via studies and consideration of Modifying Factors to a Proven Reserve. Indicated Resources similarly convert to a Probable Reserve. Inferred Resources are low confidence and can't be included in the Reserve estimate, which the project will in time be valued on...

 
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Mkt cap ! $125.6M
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84.0¢ 84.0¢ 82.5¢ $31.83K 38.34K

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No. Vol. Price($)
1 4000 81.5¢
 

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83.0¢ 2222 1
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