I hope you are right G,
We will be holding on to our hats if that happens.
We are projected to earn $228m in 2018 running 3,6 m tonnes @ 0.82% cu through the processor.
The revenue drops to $106m in 2019 when we run the same 3.6m tonnes through at 0.37% copper.
In May we learned that there is an underground target of 5m to 10m tonnes with grades of 1.7% to 2.2%. If Steve can pull a plan together to dig that out of the ground at the rate of 3.6m tonnes PA starting in 2019 and they leave the low grade in stockpiles for a rainy day, am I right in thinking the 2019 revenue could $500m
Phew !!! thats massive for a company with a market cap of $57m and at those high grades the lions share would be profit.
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Last
5.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.9M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.4¢ | $75.96K | 1.393M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1472431 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 793830 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49767 | 0.080 |
2 | 230000 | 0.079 |
2 | 136415 | 0.078 |
1 | 97825 | 0.077 |
2 | 600000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 137770 | 2 |
0.084 | 288879 | 3 |
0.085 | 2009000 | 2 |
0.089 | 229500 | 1 |
0.090 | 76002 | 3 |
Last trade - 14.00pm 29/11/2024 (20 minute delay) ? |
HGO (ASX) Chart |