I frankly think HCH's price will only go up, not down. it's been undervalued for some time.
1. it's very clear that the copper is in shortage and it will getting worse and worse in the next 30 years. assuming by 2030, 30% of the cars are EV, the EV market will consume 12% of all primary copper. a EV car contains around 100kg copper, which is 4 times that of a conventional car. that's why Wood Mackenzie study has pointed out the supply gap is 6 million tons.
2. We have the best copper. in the world's best 25 newly found cordedera mines, we have 5 in HCH,20%.
3. Project Productora has started to make money and our market value is increased.
4. project cortadera and el fuego are very attractive based on the early study that they published.
The only downside of this stock is that we still need money to exploit. to be attractive, the management will have to show investors the return or value. either way will lead the sp go up, I think.
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I frankly think HCH's price will only go up, not down....
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