Don't get me wrong. They WILL go to production and they WILL extract the copper. But they could not give two hoots if their investment (SP value) is $30m or $10 by the time they do it, they will make $100m's on the product, who cares about the small stuff. It is just to secure our asset, and fantastic I could not think of anyone better to have done it.
My issue is with CE and the way he conducts business. Not our insane resource and flagship holders. Even CI (assuming he is not CE) really doesn't care about today's price (unless they are leveraged), because they are also waiting for the payday on production. The problem is little fish like us with < $500k say invested, and some here openly are leveraged/borrowing to do so, it hurts and we don't have the millions to risk and wait.
Let's all hope and pray that tomorrow we are all so busy counting money that we won't even have time to come here and moan over CI/CE.
Don't get me wrong. They WILL go to production and they WILL...
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Last
$1.13 |
Change
0.065(6.13%) |
Mkt cap ! $134.3M | |||
| Open | High | Low | Value | Volume |
| $1.07 | $1.13 | $1.07 | $615.7K | 561.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 30000 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 6728 | 3 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
$1.11 |
Change
0.065 ( 4.24 %) |
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| Open | High | Low | Volume | ||
| $1.07 | $1.13 | $1.06 | 115429 | ||
| Last updated 15.49pm 08/05/2024 ? | |||||
| HCH (ASX) Chart |