Yes GC and Osisko do believe but with Osisko's net smelter royalty and GC with the offtake agreement, they both have a path to a ROI. Both deals are fully transferable no matter how long it takes or who owns HCH'S assets. Essentially for GC and Osisko for a very small investment by their standards they get to have their hand in the till to mitigate their risk.
Drilling has stopped so exploration has stopped most likely because they are trying to conserve cash, which we will need plenty more of to explore new the ground and pay the options and build a water business.
with 9 million dollars left what are they planning to do with that money to get the ordinary shareholders a ROI? a proper forward thinking plan would be a great idea IMO.
Yes GC and Osisko do believe but with Osisko's net smelter...
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Last
$1.18 |
Change
0.040(3.52%) |
Mkt cap ! $169.6M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.22 | $1.15 | $772.8K | 652.6K |
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| No. | Vol. | Price($) |
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| 1 | 19919 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.20 | 9840 | 2 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
0.040 ( 4.41 %) |
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| Open | High | Low | Volume | ||
| $1.15 | $1.22 | $1.15 | 100336 | ||
| Last updated 15.58pm 21/05/2024 ? | |||||
| HCH (ASX) Chart |