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1.16%

85.5¢ hot chili limited

So u dont think this will get mined if the grades don’t improve...

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Beaza79

5,252 Posts.

681

03/02/21

16:14

Post #: 50680267
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Originally posted by topcall44: ↑

You are going to need more than 5 years, ws2048t. I can send you brokers reports dated 2013 and the grades at Productura are very similiar to the new drilling area. In those power points company also stated mining around 2017.
Similarites to 2013: same management, same grades Cu and eqAu, time delays on news, same drilling co
Differences: different name of drilling site, number of shares in issue billions as opposed to millions, share price, 70c then, now 3.6c
It is fine to see BHP do great advertising on the future of Copper, but either the price of Cu has to rise substantially to make HCH profitable to mine or they have to get the grades up. What copper does in the short term is no relevance to this company, yes if it had been mining since 2017, but we know the answer to that. SP is just unwinding the pump into the last raise. Can someone tell me how many times the company has raised monies since IPO, that that might be a stand out number! DYOR

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So u dont think this will get mined if the grades don’t improve or the price of copper doesnt increase?

HCH Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
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Last 85.5¢		Change -0.010(1.16%)		Mkt cap ! $129.4M

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