HGO 3.45% 5.6¢ hillgrove resources limited

PHES, page-23

  1. VYR
    819 Posts.
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     If we put 2017 and 2018 behind us and analyse the VAA valuation for 2019  and recognise that we will be producing 2 Kt a month for the period leading up to the AGM because of the 5.5 Kt of  short fall in production of higher grades in 2018 and make the necessary adjustments for the hedging and the fact that we haven't finished mining yet we should be generating about $8m a month (Mining cost is of course a big unknown I have it at $4m a month ?)

    So I think we should have $30m + by the end of April. which is 5 cents plus 2.14 cents franking.

    And thats just the beginning. 
 
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