HCH 2.70% 95.0¢ hot chili limited

$?Bill in a ? Life mine, page-1924

  1. 8,699 Posts.
    lightbulb Created with Sketch. 1362




    Whenever there are delays like this and poor communication to boot you cant be blamed for feeling some reservations... there's a lot of cowboys on the ASX especially in spec land... I don't get that feeling with this team but I have been fooled before.

    Just need to trust your research:

    • Drilling - Exceptional long and continuous intersections with demonstrated high grade core at primary deposit https://hotcopper.com.au/data/attachments/2477/2477609-f2dfe48cdc4fe8614732682723d256d6.jpg
    • Further Growth Targets - Exciting extension targets at both Cuerpo 2 and 3 and additional lookalike target at Cortadera Nth https://hotcopper.com.au/data/attachments/2477/2477623-203b8637621acd21045572e30a54412f.jpg
    • Funding - Sufficient cash to get through the next 4-6 months of heavy exploration progress https://hotcopper.com.au/data/attachments/2477/2477622-203b8637621acd21045572e30a54412f.jpg
    • Metallurgy - Fantastic initial results with low (no?) impurities and the ability to be treated with salt water https://hotcopper.com.au/data/attachments/2477/2477613-203b8637621acd21045572e30a54412f.jpg
    • Location - Tier 1 Mining jurisdiction with low altitude and close proximity to ports https://hotcopper.com.au/data/attachments/2477/2477613-203b8637621acd21045572e30a54412f.jpg
    • Initial Income - Mining commenced on a contract basis already commenced on satellite project which holds 234mt @0.58Cu equiv. with income exptected of USD$2mil+ pa at current metal prices.https://hotcopper.com.au/data/attachments/2477/2477619-203b8637621acd21045572e30a54412f.jpg

    The copper price and gold price are playing their part so the timing couldn't be better from a macro perspective... just need to hope we backed the right horse.
 
watchlist Created with Sketch. Add HCH (ASX) to my watchlist
(20min delay)
Last
95.0¢
Change
0.025(2.70%)
Mkt cap ! $143.7M
Open High Low Value Volume
93.0¢ 95.0¢ 90.5¢ $105.0K 112.8K

Buyers (Bids)

No. Vol. Price($)
1 5000 94.0¢
 

Sellers (Offers)

Price($) Vol. No.
95.0¢ 821 1
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
HCH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.