HCH 2.80% $1.10 hot chili limited

Whenever there are delays like this and poor communication to...

  1. 8,617 Posts.
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    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.
 
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