HGO 1.79% 5.5¢ hillgrove resources limited

Ann: MD's presentation to AGM, page-12

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  1. VYR
    819 Posts.
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    The snail trail in this slide shows how quickly they can hit gold then follow it down and also jump across to the rich deposits under the giant pit even if the bottom of that pit is full of water for the hydro project.

    There seems to be the possibility of some cross benefits with the shafts and tunnels necessary for the hydro project.

    Seems pretty obvious that mining won't stop and the processing plant will be too busy churning out cash from the high grade ores to worry about processing the low grade rainy day stockpiles.

    2019, 2020 and beyond cash flows will likely turn the 15.5 cent VAA valuation into a joke.
 
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