So you want to burn through cash faster now, with the copper price dismal, markets fearful, and report drill results the market wont fully reward, and then raise money at a lower MC thus having more dilution?
I never said HCH can wait till 2025 to raise.
2025 the copper market is forecast to move into supply deficit.
2024 is actually projected to have a small supply surplus, though its a small surplus so it could fall short.
Do we hibernate, no, but prudent spending right now is the wise approach.
So you want to burn through cash faster now, with the copper...
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Last
92.0¢ |
Change
-0.005(0.54%) |
Mkt cap ! $137.7M | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 96.0¢ | 90.5¢ | $125.9K | 133.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 36 | 1 |
View Market Depth
| Last trade - 15.59pm 18/06/2024 (20 minute delay) ? |
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Last
92.5¢ |
Change
-0.005 ( 0.54 %) |
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| Open | High | Low | Volume | ||
| 95.0¢ | 96.5¢ | 91.0¢ | 23323 | ||
| Last updated 15.59pm 18/06/2024 ? | |||||
| HCH (ASX) Chart |