HGO 3.45% 5.6¢ hillgrove resources limited

Ann: Activity Report Quarter Ended 30 Sept 2018 & Guidance Update, page-2

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  1. 286 Posts.
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    Let the good times roll. I think it's the first time I have seen the word "exciting" in an HGO quarterly but I agree that it is a perfect description for the next six months: Pumped Hydro vs Undergound and drilling at Kanappa and near-mine targets. All that and:

    "Cashflow – forecast strong copper production combined with the fixed pricing contracts will allow theCompany to return creditors back to normal terms, fully repay the $4.0m Freepoint Copper PrepayFacility, and build a healthy cash balance during the December quarter."

    I think the targets south of the pit are the icing on the cake! 

 
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