HCH 3.13% 99.0¢ hot chili limited

HCH Chairman Nicole Ahead Bell knows Streaming, page-36

  1. 546 Posts.
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    If the drill campaign ends up disappointing and no streaming/royalty deal comes through I'd expect the stock to take a dump. Still, even at what it is at the moment, there is likely to be some floor value for HCH (60+ cents ?), especially if the copper cycle does what we all expect. But unfortunately the risk/reward payoff would be quite disappointing for long-term holders (myself included).

    I'm not sure what other shareholders have in mind as exit target, but I'm aiming for a minimum A$1bn takeover by 2026 - in other words a price target of 8 bucks. It's a real possibility if things go according to plan. Of course, for junior miners more often than not they don't. But hey, gotta earn your multi-bagger upside potential somehow by accepting these risks.
 
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99.0¢
Change
0.030(3.13%)
Mkt cap ! $149.8M
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98.5¢ $1.01 96.0¢ $198.0K 201.8K

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