HGO 1.79% 5.5¢ hillgrove resources limited

HGO Position, page-10

  1. 24 Posts.
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    Supervised investments is just taking some of there profits off the table as they got in at 3 cents, so 300% return so why wouldn’t they? 

    The mining cash we will get a dividend. The PHES we should get an additional special dividend if the company goes this way. I think they will go deeper 350m in current mine before selling a PHES project to one of the bidders if it reaches $50,000,000

     or more. That special dividend is about 9 cents. If any of the other mines get proved up to 10 years then watch the institutions/brokers jump in and share price could easily be beyond 50 cents. Interesting times in next 6 months? Time will tell?

 
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