HGO
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1.75% 5.8¢ hillgrove resources limited

Buyout & move the plant ?

  1. plough
    23,765 Posts.
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    30/07/18
    14:15
    Post #: 34625658
    GBG -Gindalbie have a cap of around $28M with $35M  in Treasury , and have a around 18MT @ 0.7% Cu o.05% Co in South Australia , they also looks to have a similar Metallurgical flow sheet to HGOs plant .
    I wonder if this would be a good fit for HGO  and for HGO to move its plant to GBGs resource when HGO's Kanmantoo resource becomes too deep to mine in about 2 years ?

    https://www.asx.com.au/asxpdf/20180730/pdf/43wwc56zqmngvz.pdf
    HGO Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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