1. Communication was sufficient at the very beginning. It's non existent now. Only what meets compliance.
2. Favourable terms for Glencore. They have an offtake agreement that is a protective hedge against SP decline. Although if dilution continues they will need to purchase shares.
3. Yes they have permits, but those could have been negotiated long ago. Roberto sits on the board of the port authority. Has been involved with teck resources desalination plant permits and build. HUASCO could of been on the table long long ago.
4. I wouldn't describe 30km of drilling as a "little bit " .However the 6 geologists we have on the payroll have been dirt farming since about mid 2022? I'd have better copper levels on my cropping land.
5. I don't believe in what CE says anymore. I have emails that catch him out. It's what he does that really matters. And what is he currently doing to create shareholder value? Besides waiting for a better copper price.
HCH Price at posting:
85.0¢ Sentiment: Hold Disclosure: Held
(20min delay)