I thought the copper PFS was solid. Conservative Revenue good free cashflow all in a commodity bull cycle with rising prices. Thats pretty much all I needed to see. Same with the water no matter how you slice it and dice it to mine your going to need water end of story. How do we pay for it? We can't simple, so until a serious buyer comes along you knuckle under keep drilling and build the resource and they will come.
If you've ever been to chile? Then you will know first hand that at 800m elevation we have an amazing geographical advantage to those in the nose bleed seats think our CAPEX is high? Those companies will be 5x ours or more by the time they are where we are fundamentally.
And if I run a business that showed a revenue stream of 20 billion plus and my board mate approached me and said "THE VERY BEST I CAN DO IS A 30% PREMIUM ON TODAY'S SP" I would've asked for her resignation immediately too. And I'm sure as shit think most on here would've done the same. She's a rank ameuter.
Time to bunker down for the really long haul until the market sees reason. Hopefully I can scoop up a few more at an even better price?
HCH Price at posting:
61.0¢ Sentiment: Hold Disclosure: Held
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