I have put in about 150k, and that's not including the rights issue. “Like Triggy from FMG said, you must have skin in the game.” That’s the principle he's referring to, commitment, conviction, and alignment with shareholders.
1 USD = 939.54 CLP
If Freehill Mining’s aggregate business gains traction, we can sketch out some rough revenue potential based on Chile’s market dynamics. According to recent industry data (this is a conservative estimation), aggregate prices in Chile vary by product and region, but here’s a ballpark: Crushed stone and gravel: around CLP 8,000–12,000 per metric ton (roughly USD $8–12) Sand: slightly lower, around CLP 6,000–9,000 per ton Now, if Freehill secures even modest contracts, say, supplying 50,000 tons per year across their three sites, that could translate to: CLP 400 million to 600 million annually (USD $400,000–600,000) And that’s just a very conservative estimate. Larger infrastructure contracts could push volumes into the hundreds of thousands of tons, especially if they win tenders for road base or concrete supply. Of course, margins depend on production costs, transport coordination, and contract terms, but this could be their first real step toward sustainable revenue. Chile has shown itself a stable country in South America with a democratic elected government, friendly to the mining community.
Of course, everything comes with a caveat. They first must win the contracts and show they are capable of supplying their clients, on time, every time! The construction industry is one of the hardest to do business. Large government contracts are always tendered, the cheapest, most dependable, and large enough to maintain logistical support will receive the contract.
Here are some sites advertising large to medium scale government contracts.
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