Its obvious imo the recent announcements are to get the price higher before raising capital. Still think they need around $20m to drill out satellite deposits and do full feasibility study on entire project.
Copper price above US$3.50 lb should easily see their project get debt funding imo. Might need to do a large underwritten rights issue with that debt funding as banks unlikely to lend 100% of project costs.
Ann: Initiation of Research on HCH by EverBlu, page-14
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HCH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
78.0¢ |
Change
-0.020(2.50%) |
Mkt cap ! $115.0M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.0¢ | 78.0¢ | $137.8K | 173.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21398 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 8529 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| HCH (ASX) Chart |
