HCH 0.59% 84.0¢ hot chili limited

$?Bill in a ? Life mine, page-22990

  1. 766 Posts.
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    "Not even considering selling until this hits double digits."

    Evening 1OGF, hope all is well with you? I am fine thanks, living the dream in early retirement, ahhhhh.
    Your above comment, I've been pondering.....
    Whilst not pumping or to many reds under the belt, do you honestly see HCH hitting double digits? that's $10 at a minimum. May I ask a few questions?

    What makes you think that this can go 10x ?
    As HCH? Or as another company? (i.e. T/O)
    With CE at the helm?
    What timeframe are you thinking?
    Chances of a T/O bidding war?

    Serious questions. Plus anyhting else you might like to add?

    I am more bullish on HCH than I have been in a few years, but 10x I find far fetched as HCH. I can not see CE taking this thru to '28 and would expect a T/O before then. Then sure maybe 10x.
    My apprehention, the Capex required and skills sets required. Then, we also need the market to believe the story.
    I am expecting a bounce, sure, maybe even before EOY. Osisko valued us at $3ish plus cash in the bank, so $3.50 (at 25% NPV). This number will improve once drilling results start to flow before xmas. IMO. $8, feels like a challenge to me (soz chilli, not tomorrow :-( )
    I personally, will be happy with $5 (thus $1M held in one stock!, F'n lot for me!!), but think it could have legs if we get two serious bidders in a bidding war.

    Appreciate your time
    All the best.

 
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Last
84.0¢
Change
-0.005(0.59%)
Mkt cap ! $127.1M
Open High Low Value Volume
84.5¢ 84.5¢ 82.5¢ $56.91K 68.46K

Buyers (Bids)

No. Vol. Price($)
1 3305 82.5¢
 

Sellers (Offers)

Price($) Vol. No.
84.0¢ 29792 2
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