HCH 3.75% 77.0¢ hot chili limited

CAP board rep taking up placement is a good sign. Deal is very...

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  1. 783 Posts.
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    CAP board rep taking up placement is a good sign.

    Deal is very ambitious and they need to raise substantial money quickly to fund the option.

    IF they pull it off it will be huge, as the two orebodies will be massive and attractive to majors, and the high grade satellites will be nice sweeteners for the economics of the project. I suspect an entirely new PFS will need to be undertaken?

    How they will fund it beats me, but I have faith that there is some kind of realistic plan in place given they have signed the agreements.

    The SP momentum is great in the meantime.
 
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77.0¢
Change
-0.030(3.75%)
Mkt cap ! $115.0M
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Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
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