HCH 1.71% 89.0¢ hot chili limited

Couple of items in the PEA attracted more attention, for me,...

  1. 3,064 Posts.
    lightbulb Created with Sketch. 8265

    Couple of items in the PEA attracted more attention, for me, beyond the main points.

    The ropeway has always fascinated me and the announcement provided some relatively accurate indication of its planned location.

    https://hotcopper.com.au/data/attachments/5408/5408716-d87c4fd19684a2428ac0dc9c16f6386c.jpg
    The ropeway positions for the Cort and Prod ends in the above give a clue to the route. Assuming it is essentially straight A location can be obtained for the section over the Pan Am double high way as well as topography along that path from Google Earth.
    [Note GE profiles are not too accurate so treat as schematic and DYOR]

    https://hotcopper.com.au/data/attachments/5408/5408865-3cfe425edb84d94f74335495d9c2b79d.jpg

    I asked about how they get ore up the first ridge from Cortadera at a meeting. Yes they will have to use power to do that was the reply. The rest is "down hill".

    Tenements acquired last year mean most (?all) the ropeway will be over HCH held/optioned land.

    Crossing the Pan Am was mentioned as an engineering issue that could be solved with "pylons and netting to protect from spillage".

    https://hotcopper.com.au/data/attachments/5408/5408919-95a2eac6cd506cb4d047d199150150b8.jpg


    While generating this the scale of the power lines looked like it will be something else that needs to be considered.

    The shadow of the pylon just north of the ropeway is some 70m with 6 high voltage lines. Zooming in at increasing detail.

    https://hotcopper.com.au/data/attachments/5408/5408952-a299d131ee0b26d39c90fe9e67cf50f5.jpg


    https://hotcopper.com.au/data/attachments/5408/5408930-dc6f00fd21c908a77ef21c1a2ba3459e.jpg

    Some interesting engineering.

    ====================================================
    First section of PEA target details - Productora:

    PEA EXPLORATION TARGETS PRODUCTORA.pdf


    Example of detail of one target south of Productora.

    https://hotcopper.com.au/data/attachments/5408/5408978-ff3af4f05bc537b5c4297218e6e4c3b5.jpg

    San Zap. reefs drilled partially for Au pre 2020 - from memory only.

    Cortadera targets over the weekend?

    Last edited by salpetie: 07/07/23
 
watchlist Created with Sketch. Add HCH (ASX) to my watchlist
(20min delay)
Last
89.0¢
Change
0.015(1.71%)
Mkt cap ! $134.6M
Open High Low Value Volume
89.0¢ 89.5¢ 87.5¢ $284.8K 322.1K

Buyers (Bids)

No. Vol. Price($)
3 29767 88.0¢
 

Sellers (Offers)

Price($) Vol. No.
89.0¢ 2677 1
View Market Depth
Last trade - 16.10pm 01/08/2024 (20 minute delay) ?
HCH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.