HCH 2.56% 80.0¢ hot chili limited

News: HCH Hot Chili arranges up to A$13 million funding, page-5

  1. 6,739 Posts.
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    The way it works is the end you build a plant which is a huge fixed cost all extra ore to the plant tends to feed to the bottom line. I think they are saying they have identified four Alice lookalikes not the same grade but the extent. if you asking will be get back to 15 c probably not. but when we fund the plant with say double our holdings can we get to 10c from 2.5c I suspect so. I'm for staying the journey. Further if our holding are now coniderably smaller why not. Besides the drilling will clarify (to some extent) that question.
    Further CAP must think its' worth 14c. Murray knows all of this that's why hes going out on a limb with his own money.
    I'm only sharing with you what i understand of the geophysics. Yes, it shouldn't requite technical qualifications.
 
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