$?Bill in a ? Life mine, page-1930

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glemon

3,580 Posts.

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16/09/20

15:27

Post #: 47390630
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Originally posted by Big Kahuna 101: ↑

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
Further Growth Targets - Exciting extension targets at both Cuerpo 2 and 3 and additional lookalike target at Cortadera Nth
Funding - Sufficient cash to get through the next 4-6 months of heavy exploration progress
Metallurgy - Fantastic initial results with low (no?) impurities and the ability to be treated with salt water
Location - Tier 1 Mining jurisdiction with low altitude and close proximity to ports
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.

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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Yep, some big news and interest to follow on the back of those vital aspects of economics in mining BigK.

Just confirmed the St Antonio MRE is also on track for delivery following Cortadera in the hands of the independents.

To compliment your list~
HCH Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
18 Upvote

0 Great analysis

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