HGO 1.79% 5.5¢ hillgrove resources limited

Ann: Activity Report Quarter Ended Dec 18 & Guidance Update, page-13

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  1. VYR
    819 Posts.
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    Thanks for that info mwilson 

    I guess if its a six months time frame to start mining ore from Nugent then there is no need to start untill early next year given the stock piles that are building up.

    If the other small UG project at the bottom of the pit takes iff it could even be pushed out further with redundancies eliminated by keeping the crew busy carrying on with that project when mining finishes.

    Great to hear the board is conserving as much cash as possible in the lead up to the AGM and the dividend announcement we are all hanging out for.



 
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