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.
Hi Soarer The ground HCH has is good in a $4-$5 a tonne Cu...
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Last
82.5¢ |
Change
0.045(5.77%) |
Mkt cap ! $115.0M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 83.5¢ | 79.5¢ | $45.68K | 55.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2160 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 2993 | 3 |
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| Last trade - 11.36am 26/11/2024 (20 minute delay) ? |
| HCH (ASX) Chart |
