Where have all the buyers gone?, page-8

Symbol, below is taken from my post of 24/5 after the AGM - would think that it is still the same as no word from the company. So this qtr (July-Sept).




Hi Dockie, I will have a crack at explaining the drilling dates. Am about 5000 klms from the AGM so I am getting this directly from the AGM slides you quoted. Excuse me up front if I simplify this ;

HGO have broken the drilling targets into 1/. Under Mine Targets, 2/. Near Mine Targets and 3/. Regional targets. It is also worth remembering that HGO is an end of calendar year company.

1. Under Mine Targets - This is mainly the underground stuff which they call Nugent and Kavanagh etc and it is planned for drilling in Q3 2018 (so July to Sept 2018)
2. Near Mine Targets - This is the stuff within 3 klms of the plant and in some way links in with the Underground mine targets. This they mention has drill ready targets for Q4 2018 (Oct to Dec 2018).
3. Regional Targets is basically Kanappa and Mt Rhine etc - Kanappa they are obviously waiting on Gov't permits to be granted and have stated they will commence within 2 months (? of now or when granted ?). Given slide 15 says Q3 2018 I am reading that as 2 months from now ! Mt Rhine some time away yet.