HGO 0.00% 5.4¢ hillgrove resources limited

Ann: Interest Payment - HGOG, page-2

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  1. VYR
    819 Posts.
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    Nice to see a return to shareholders.

    With the days of capital expenditure on overburden removal now behind us. and the current copper price its probably fair to say that we have made it. in a big way.

    Very happy that I bought when others were frightened and the Instos were dumping..

    We have got a couple of years coming up with cash costs less than $1.50 AU a lb.. Given current prices we should see positive cash flow per annum twice the current fully diluted market Cap .

    Plus there is the bonus of positive news on extended mine life with high grade resources.

    Its going so well I expect to hear any day that Indonesia is going to be a Bonanza.

    Steve has got my vote on the remuneration report.
 
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