HCH 2.50% 78.0¢ hot chili limited

Ann: Debt Repaid and Drilling Focussing on Key Porphyry Targets, page-8

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  1. 6,739 Posts.
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    I have met several of the directors and mineral economics under Dr Alan Trench who is on several boards.

    I just read what they have put out with some interest. The interest is the intersection of my studies and experience in the subsidiary fields of geoscience, metallurgy and mineral economics. Basically it's a large prophry in Chile where a lot of money has been spent to do a DFS while the Cu price was weak (as stated in most public articles etc).

    Based on the above, further to my previous comments as answers to direct questions on a best endeavors basis). I would say the co. has massive leverage to the Cu price.

    Maybe they missed a trick in raising funds when the Cu price sparked in in say Aug. Other than that thy'rte playing the hand they've been dealt despite comments form a number of S/H on HC who have lost money. (and are by no means orphans in that endeavour) and are shall we say aggreived (I constitute an element of that subset). The only difference is I've had my A-- kicked even more in U and still believe in the Cu and U stories underpinned by underlying demand. (It's un-Australain to talk about the wins).
 
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