HGO 3.45% 5.6¢ hillgrove resources limited

Ann: Pumped Hydro Energy Storage Conference Presentation, page-9

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  1. VYR
    819 Posts.
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    And I think the statement of intent puts the final nail in the coffin of the resources under the pit.

    "The intent remains to maximise the value from the existing mining operation (including progressive rehabilitation), progress the sale of the Pumped Hydro site and evaluate options to unlock the regional exploration potential."

    An Interesting presentation but like all the recent presentations is about vague options and possibilities with no hard value analysis to attract investment. More disgruntled holders sell and $1350 sale drops the market cap $4m to $48.5m

    Buying the whole company could be a back door into the PHES.


 
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