HCH 2.58% 94.5¢ hot chili limited

Ann: Trading Halt, page-252

  1. 3,702 Posts.
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    He clearly indicated...or misled that Osisko wasvthe way to go and he wouldn't stress share holders by dilution when we have offtake available to us at 1.1% of value for 15mill.

    I'd imagine he would have had RR and Glencore blessing for this move.

    The only saving grace is that he did not sell our soul in the rumoured 100mill offer for a massive chunk of our resource of 30% which ridiculously could mean 30% of 100ktpa or 200ktpa depending on the end of year outcome.
 
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