HCH 1.91% 80.0¢ hot chili limited

If we do end up taking this all the way to production I assume...

  1. 826 Posts.
    lightbulb Created with Sketch. 301
    If we do end up taking this all the way to production I assume there's a good chance this will or could involve a JV at some point.
    That would mean giving up a decent chunk of the project, so I assume we would then end up trading at a fraction of the overall projects value and only getting a fraction of the free cashflow.
    Never seen this sorta thing play out so correct me if I'm wrong, more so just theorising this as a possibility of how it plays out.
    While things have taken a turn for the better for us it still seems like climbing Mount Everest getting this project to a mine both successfully and independently.

    Don't want to end up having a story like CAI, they were a asx darling on the lead up to first gold then once they got to production everything went wrong and the company sp has fallen 80% since becoming an actual producer.
    Just spitballing here, but I think a-lot of big challenges remain between here and a producing hch with a multi billion dollar valuation.
 
watchlist Created with Sketch. Add HCH (ASX) to my watchlist
(20min delay)
Last
80.0¢
Change
0.015(1.91%)
Mkt cap ! $121.1M
Open High Low Value Volume
78.5¢ 80.0¢ 78.0¢ $48.38K 61.49K

Buyers (Bids)

No. Vol. Price($)
1 548 78.0¢
 

Sellers (Offers)

Price($) Vol. No.
80.0¢ 8546 2
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
HCH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.