HCH

1.94%

79.0¢ hot chili limited

$?Bill in a ? Life mine, page-1648

First 1648 Last

Share
Profile

Follow
mt88

2,669 Posts.

539

10/09/20

13:09

Post #: 47238520
Share

Originally posted by DonnieDarko: ↑

Lab certificates are on important thing to tick off the check list, but I think it's a convenient smoke screen, I am guessing they did the resource domains based on the logging work done by the previous mangers and AMC (assuming they are resource consultants on this also?) have done the preliminary magic numbers and it's not what they expected, so they are going back and tightening up the resource domains and this may have involved some re-logging (can take weeks) and in the MRE checklist that AMC have some additional checks maybe needed..Some of these can take weeks to rectify i.e bulk density samples were not taken, need some more duplicates core samples, perhaps there were no standards inserted or no 3rd party lab checks done? Those in industry with overseas experience will know what I am talking about, admitting to the market that you have these sorts of issues to resolve is too embarrassing. Let's not forget this was a discovery by a private Chilean company whom may not have been obliged to meet the same sorts of industry standards as HCH.

So lets assume Easterday F'd up the timeline, I am OK with the delay because I like the projects fundamentals and potential, the short term holders will be shitty because they want 30-50% SP increase on release to dump it. But for those in in this one for longer and an extra month isn't going to bother them if it's going to add significant value to the project. We should take some comfort that Steve Garwin is onboard and providing technical support to exploration and probably assisting with getting the MRE domains and geology right, perhaps he's come in and said we can do better guys, fix it.

Just my thoughts for what its worth,

Expand

For LT holders, its not a bad thing either to flush out some loose hands and consolidate strongly at this level before the next leg up.

HCH Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

2 Great analysis

Reply

Top Stories

Revolutionary inverter technology leads the clean energy charge

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

TNC

True North increases silver metal at QLD's Vero deposit by 20%

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Bitcoin: Current State of Play & Where to Next | Swyftx

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

There are more pages in this discussion • 26,080 more messages in this thread...

First 1648 Last

Add HCH (ASX) to my watchlist

(20min delay)
Last 79.0¢		Change 0.015(1.94%)		Mkt cap ! $119.6M

Open	High	Low	Value	Volume
79.0¢	81.5¢	77.0¢	$205.7K	261.2K

Buyers (Bids)

No.	Vol.	Price($)
1	11879	79.0¢

Sellers (Offers)

Price($)	Vol.	No.
80.5¢	12800	1

View Market Depth

No.	Vol.	Price($)
1	11879	0.790
1	2600	0.780
2	18000	0.775
2	60824	0.770
1	5000	0.760

Price($)	Vol.	No.
0.805	12800	1
0.810	33000	2
0.820	6000	1
0.835	11538	1
0.840	10000	1

Last trade - 16.10pm 09/08/2024 (20 minute delay)

HCH (ASX) Chart

$?Bill in a ? Life mine, page-1648

Revolutionary inverter technology leads the clean energy charge

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

True North increases silver metal at QLD's Vero deposit by 20%

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Bitcoin: Current State of Play & Where to Next | Swyftx

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

$?Bill in a ? Life mine, page-1648

Top Stories

Revolutionary inverter technology leads the clean energy charge

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

True North increases silver metal at QLD's Vero deposit by 20%

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Emerald & Azure score Digger & Dealer awards

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Bitcoin: Current State of Play & Where to Next | Swyftx

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News