HCH 2.21% 92.5¢ hot chili limited

mate, you didn't give me one company as a comparison even though...

  1. 23,106 Posts.
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    mate, you didn't give me one company as a comparison even though I asked for it

    The $5.50 to $6.50 is a fair enough range to get companies interested in building a mine for copper production even taking just ONE thing into account, one thing of MANY... and that's CAPEX

    No BoD is going to sign off on a 15 year commitment on a marginal price, inflation isn't under control either.

    You can keep asking questions until the cows come home, during those 15 years there's many questions raised as it's a complicated process to get a mine up and running. There's no one template that fits all and that's not taking into account global conditions. So yes... we need $5.50 to $6.50 to get things moving.

    you could also look at the narrative of some of the major copper producers about CAPEX and costs, if that's not too difficult for you.


    Last edited by Bunn-Wackett: 12/05/24
 
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