HGO 1.75% 5.8¢ hillgrove resources limited

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

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  1. 394 Posts.
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    Agree Killa, regarding an update on the copper mine(s). Hope for this update to be in the Quarterly report due out next month, if not before.

    I hope that the next quarterly report will also clearly articulate the Board's thoughts and progress not only on the Pumped electricity plans "Hillgrove actively seeking investors to develop Kanmantoo PHES project" - Slide 26, Summary of Presentation, but more importantly, provide some clear current facts and figures on the copper (and future gold) mining. It seems clear that HGO does not plan on spending much more of its SH money on the PHES project, which is good news imo.

    In particular, I hope that the next Quarterly report will clearly show and inform SH, with very specific figures, about all debts owing; monthly income received to date and anticipated over the next 12 months; debt repayments to date; current and anticipated monthly debt repayments; monthly cash flow, and an update on current and future exploration results and timetable.
    I am also hoping for much more specific details about how the company plans to "create significant value for shareholders from the remaining life of mine" (2017 Preliminary Final Report page 12), and how it plans to return this significant value to SH. Capital return? Dividends? Franked/unfranked? Share buybacks? SP capital appreciation?
 
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