HCH 2.58% 94.5¢ hot chili limited

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  1. 819 Posts.
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    If we do end up taking this all the way to production I assume there's a good chance this will or could involve a JV at some point.
    That would mean giving up a decent chunk of the project, so I assume we would then end up trading at a fraction of the overall projects value and only getting a fraction of the free cashflow.
    Never seen this sorta thing play out so correct me if I'm wrong, more so just theorising this as a possibility of how it plays out.
    While things have taken a turn for the better for us it still seems like climbing Mount Everest getting this project to a mine both successfully and independently.

    Don't want to end up having a story like CAI, they were a asx darling on the lead up to first gold then once they got to production everything went wrong and the company sp has fallen 80% since becoming an actual producer.
    Just spitballing here, but I think a-lot of big challenges remain between here and a producing hch with a multi billion dollar valuation.
 
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94.5¢
Change
-0.025(2.58%)
Mkt cap ! $143.0M
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97.5¢ 97.5¢ 93.5¢ $119.9K 125.8K

Buyers (Bids)

No. Vol. Price($)
1 3042 93.5¢
 

Sellers (Offers)

Price($) Vol. No.
96.0¢ 6531 2
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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