HCH 14.3% 88.0¢ hot chili limited

Coffee with Samso Insights, page-12

  1. 80 Posts.
    lightbulb Created with Sketch. 26
    The chalcocite blanket Christian's talking about grading 1.5% copper and 0.5g/t gold is in the oxidised zone so I'm guessing heap leaching would be required to extract it? I think you only can extract 50% of the copper with this method? Is this oxide zone free digging? I wonder if they could just go at it alone and mill this high grade stuff for 3 years. Could be a very cheap operation to construct. Then they could plough more money in to deep drilling with the cashflow and have more bargaining power for when they get a JV partner.
 
watchlist Created with Sketch. Add HCH (ASX) to my watchlist
(20min delay)
Last
88.0¢
Change
0.110(14.3%)
Mkt cap ! $133.2M
Open High Low Value Volume
80.0¢ 88.0¢ 80.0¢ $258.1K 313.0K

Buyers (Bids)

No. Vol. Price($)
1 599 83.5¢
 

Sellers (Offers)

Price($) Vol. No.
88.0¢ 11061 1
View Market Depth
Last trade - 16.10pm 07/08/2024 (20 minute delay) ?
HCH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.