HGO 1.75% 5.8¢ hillgrove resources limited

Ann: Activity Report Quarter Ended 30 Jun 2018 & Guidance Update, page-8

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  1. 1,428 Posts.
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    Looks like it generated $20m cash ($50m revenue less $27m C1 less a few million for other costs).

    Pumped hydro sale process underway and bids due Sept 2018. As I've mentioned in the past, this is the real sleeper. My understanding is the HGO project is about the best one (cost, technically and location wise re access to transmission line capacity) in Australia. Time will tell, it always does.

    Rosco
 
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