HCH 1.84% 80.0¢ hot chili limited

Ann: Cortadera Acquisition Nears Completion, page-145

  1. 30 Posts.
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    I’m not looking at individual holes when I question whether the thing can be economic.

    Just so we are on the same page, here’s what I’m looking at (from the Oct-20 maiden resource release):


    https://hotcopper.com.au/data/attachments/2899/2899265-f6e6768eb56f32dcdfa9b9560f0b1f58.jpg

    Unless I’m colour blind, there’s a lot of blue & green i.e. <0.3% Cu, in the first, what, 400-500 metres?

    I guess I just don’t see the high-grade core that’s going to deliver the payback for the build cost, that anyone who's going to finance & build this thing will need, in order to justify a risky multi billion dollar investment.
 
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