HCH 1.22% 81.0¢ hot chili limited

Ann: Hot Chili arranges a $5.0m placement, page-15

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    That is possible depending where the copper price ends up in a few years time , current price US$2.67c lb . Priductora pre feasibility est all in costs US$2.28 lb .
    Cortadera to date only has a small high grade zone deep down which will be capital intensive to reach , they need to prove up enough ore in that zone to see if its worth mining imo.
 
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