HCH 1.18% 84.0¢ hot chili limited

Management's intention clearly optimizing and mine the high...

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  1. 2,474 Posts.
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    Management's intention clearly optimizing and mine the high resources early, to boost up the early cashflow, minimize opex and capex and maximize NPV. CE is not sitting there and doing nothing folks.

    "The Productora MRE has been re-estimated following review of the 2016 MRE, completion of underground
    mine development and exploration drilling in 2021. The review and subsequent resource re-estimation has
    resulted in a material increase in high grade Indicated resources reported above 0.6% CuEq. High grade
    open pit resources from Productora are a key focus for the combined PFS and are expected to feature
    prominently in the early mine schedule for Costa Fuego."

    "San Antonio and Valentina are an exciting addition and will feature in a planned PFS resource upgrade later
    this year. Both deposits are expected to provide high-grade open pit deposit for Costa Fuego’s early mine
    schedule"
 
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