Hi Soarer
The ground HCH has is good in a $4-$5 a tonne Cu price, no doubt about that and indeed was why I bought some years ago. Where the company has lost the plot is that after the Productura feasibility, Christian should have stopped drilling and focus on trying to get the mining sorted. Indeed I vaguely remember seeing presentations saying they would be mining in 2018.
Instead he continues to drill and that costs, issue shares, massive dilution. See the games for Cu, London stockpiles went up 40k tonnes overnight capping the price of Cu.
HCH new investor, page-18
-
- There are more pages in this discussion • 16 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 |
