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84.0¢ hot chili limited

Ann: PDAC 22 Presentation, page-26

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Trufflehunter

3,760 Posts.

375

14/06/22

15:28

Post #: 61993852
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Originally posted by Big Kahuna 101: ↑

I actually spoke with him on the phone this morning as was a bit frustrated with how this was presented and wanted to hear his thoughts.

Seemed like he was expecting the delay given the recent exploration success and would prefer a delay rather then releasing a PFS which was missing what appears to be an important HG resource for early capital payback as a strong PFS is going to significantly aid CE's negotiation's mentioned on page 26.

Was also happy with the drop to two rigs to conserve cash especially given market conditions and above delay.

Like everyone agreed it could have been communicated a bit better but understands the reasoning for why its all done, he mentioned he had spoken with CE and communicated his disappointment in the lack of proof reading in the PDAC ann and was assured it would be ammended ... Q1 23 is correct - also apparently CE now in Toronto to present at PDAC.

No idea if he still checks these threads or not.

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"Was also happy with the drop to two rigs to conserve cash especially given market conditions and above delay"

@ChilenoInvested will not be happy about this.

HCH Price at posting: $1.00 Sentiment: None Disclosure: Held
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