Ann: Hillgrove Resources 2016 Annual Report, page-4

Hi K 67,

Yes, I liked that too.
There was some very positive language in the report which, of course, needs to be action-ed /attained to have meaning. - obviously much HAS already been achieved.
I particularly liked this bit from the MD  /Chairman's report -


"From mid-2017 when the Giant Pit
cutback is scheduled to be completed
and free cash is being generated, the
creditors will be reduced and near mine
exploration targets capable of supplying
existing assets will be prioritised.
The Board is determined to ensure
that any future growth or life extensions
must deliver value for shareholders over
and above the base case of returning
otherwise invested cash to shareholders.
To this end, the Company will undertake
a measured exploration programme
which will aim to extend mine life
through near mine extensions and or
regional exploration targets ."

Most long termers will be counting on that !!

cheers