HCH 3.57% 81.0¢ hot chili limited

For me also, I think the market has forgotten the big picture...

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  1. 1,350 Posts.
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    For me also, I think the market has forgotten the big picture with Cu.

    Almost 2/3 of all projects in development pipeline are lower grades than being mined globally. There will be recognition that prices need to increase significantly to help bring on lower grade greenfields discoveries.

    Over the next 3-5 years the copper shortage is going to hit hard. I see good copper resources as being a better value opportunity versus lithium or fertiliser stocks that have already had huge runs.

    There are not too many commodities where you can still find companies trading less at ratios of 0.1-0.2 of NAV.

    You only have to look at where the smart money is heading into these juniors. Glencore/BHP/RIO/Newcrest/Lundin all taking positions in quality copper assets that tick the boxes for future development.
 
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Last
81.0¢
Change
-0.030(3.57%)
Mkt cap ! $122.6M
Open High Low Value Volume
83.0¢ 83.0¢ 80.0¢ $54.10K 66.91K

Buyers (Bids)

No. Vol. Price($)
1 1513 80.0¢
 

Sellers (Offers)

Price($) Vol. No.
81.0¢ 4508 1
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Last trade - 16.10pm 07/10/2024 (20 minute delay) ?
HCH (ASX) Chart
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