HCH 0.00% 81.0¢ hot chili limited

$?Bill in a ? Life mine, page-21877

  1. 275 Posts.
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    Based on the hostile response by BHP and Newcrest when SolGold entered into a $150m royalty deal back in 2020, I would expect Glencore or any other potential suitors would likely play their hand prior to any deal being signed.

    Extract from Mining Weekly below:

    https://hotcopper.com.au/data/attachments/5297/5297017-589512336452d08c7612fe0262bd829a.jpg
    https://m.miningweekly.com/article/solgold-faces-rebellion-from-top-shareholders-2020-12-16

    As i've said a few times, it makes little sense from a major miners point of view to allow HCH to change their name or enter into a royalty or streaming deal, when they have their own internal balance sheet to fund directly. It will obviously come down to how acceptable the JV terms or takeover/bidding war is to CE and the HCH Board which direction this will take.

 
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