Emerging copper producer Hot Chili has started 2014 with a bang, foreshadowing a series of imminent announcements relating to its flagship Productora Project...
Livewire
Emerging copper producer Hot Chili has started 2014 with a bang, foreshadowing a series of imminent announcements relating to its flagship Productora Project in Chile. The rapid progress being made at Productora is resulting in the stock increasingly being singled out as one to watch in 2014 and analysts have set price targets of up to 93c (currently 41c). The Company attracted interest this week announcing a new, high grade copper discovery. Macquarie Equities analyst Ben Crowley noted in a recent research report, Hot Chili has several imminent share price catalysts - a fact now being appreciated by a growing number of market watchers. A number of fund managers are selectively looking to wade back into the resources space. Neil Carter of IFM and Justin Braitling from Watermark Funds have both singled out copper as one of their preferred commodities for 2014. (VIEW LINK)
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The Livewire Equities feed brings you a range of insights that relate to Australian equities
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