HCH 1.53% 99.5¢ hot chili limited

A little clarification (?) about tenement ownership on the...

  1. 2,988 Posts.
    lightbulb Created with Sketch. 7874
    A little clarification (?) about tenement ownership on the government site.

    HCH have only a limited number of tenements that they pegged themselves. Most come from agreements reached with owners of real estate HCH are interested in acquiring. The government database records these original owners even if 100% HCH - my understanding.

    This makes the task of knowing who owns what tricky. That's where HCH maps/quarterly listings of tenements can become useful if a lot of work.

    Carola and Amaldo are major players in Chile with lots of ground controlled.
    Minera Aguilera is probably another HCH holding company.
    Gets tricky...
    Somewhat easier in Chile, apparently, as tenure seldom expires (my understanding). Pay rent/fees and hold.
    Not like WA where 1 minute after midnight on expiry date tenements not in good standing are deemed open. Get it wrong with a mine and major problem requiring government intervention ...at times. Paddington Pit incident.....comes to mind.

    ===================
    The last satellite pass shows most work at Correteo is probably finished unless there are more targets.

    https://hotcopper.com.au/data/attachments/5561/5561690-6518cc18cb6b9e0149a99a2aed81313e.jpg
    The access in the east probably complete with a site or ?two at the northern end.
    Some 300m completed with no other sites/access obvious here -[ No access at Cometa..yet too soon?]

    https://hotcopper.com.au/data/attachments/5561/5561694-a5851673a009c4065f37f0e65002e335.jpg
    Accurately spotting and interpreting activity at Cortadera C1-3 is not easy.

    https://hotcopper.com.au/data/attachments/5561/5561706-eb289f7a501078c429cf5c0c6a55579c.jpg


    Large green stars approx locations reported on maps by HCH
    Medium stars yellow green possible drilling in last 5 days to 31/8 and probable (green).
    small green activity in Sentinel but not obviously drilling.
    small black prepared pads not drilled.

    Time lapse 26-31/8
    Two sites obvious - others may be my imagination or artifacts.
    No activity at the large green star sites - pre collars prepared?? or RC complete.
    https://hotcopper.com.au/data/attachments/5561/5561714-5a783148c1a5f373e90a553ae49f0c41.jpg



    Last edited by salpetie: 04/09/23
 
watchlist Created with Sketch. Add HCH (ASX) to my watchlist
(20min delay)
Last
99.5¢
Change
0.015(1.53%)
Mkt cap ! $150.5M
Open High Low Value Volume
$1.02 $1.03 98.0¢ $265.9K 266.0K

Buyers (Bids)

No. Vol. Price($)
2 10037 99.0¢
 

Sellers (Offers)

Price($) Vol. No.
$1.02 5095 2
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
99.5¢
  Change
0.015 ( 2.05 %)
Open High Low Volume
$1.01 $1.01 98.5¢ 57710
Last updated 15.59pm 10/06/2024 ?
HCH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.